Form 4: State Street EVP and COO Mostapha Tahiri Reports Stock Transactions
SEC Form 4 Filing
Mostapha Tahiri, EVP and COO of State Street Corporation, reports acquisition and disposal of common stock related to performance award settlement and tax obligations.
Summary
- Mostapha Tahiri, an Executive Vice President and COO at State Street Corporation, filed a Form 4 detailing changes in beneficial ownership.
- On February 15, 2025, Tahiri acquired 5,111 shares of common stock as part of a performance award settlement.
- On the same date, 685 shares were disposed of to cover tax withholding obligations related to the performance award.
- Additionally, 415 shares were disposed of to cover tax withholding obligations related to the vesting of previously awarded deferred stock.
- Following these transactions, Tahiri directly owns 42,081 shares of State Street Corporation common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 25, 2022 | Date of performance award grant as part of 2021 compensation. |
| February 15, 2025 | Date of stock acquisition and disposals related to performance award settlement and tax obligations. |
| February 19, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, State Street Corporation, Mostapha Tahiri, Beneficial Ownership, Stock Transactions, STT, Executive Compensation, Performance Award, Tax Withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.