Form 4: State Street EVP Mostapha Tahiri Reports Stock Transaction
SEC Form 4 Filing
Mostapha Tahiri, EVP and COO of State Street Corporation, reports a transaction involving common stock to cover tax obligations.
Summary
- On May 15, 2024, Mostapha Tahiri, EVP and COO of State Street Corporation, reported a transaction involving the company's common stock.
- 85 shares were disposed of to satisfy tax withholding obligations related to the vesting of previously awarded deferred stock.
- The transaction price was $77.57 per share.
- Following the transaction, Tahiri directly owns 38,224 shares of State Street common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/17/2024 | Date of signature by Attorney-in-fact |
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