Form 4: State Street EVP Richards Reports Stock Disposal for Tax Obligations

Michael L. Richards, EVP and Senior Advisor at State Street Corp, reported disposing of 206 shares of common stock to cover tax obligations related to vesting deferred stock.

Summary

• On August 15, 2025, Michael L. Richards, EVP and Senior Advisor at State Street Corp, disposed of 206 shares of common stock at a price of $111.07.
• The transaction was to satisfy tax withholding obligations related to the vesting of previously awarded deferred stock.
• Following the transaction, Richards directly owns 41,126 shares of State Street Corp common stock.
• Richards also indirectly owns 632 shares through a domestic partner.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of stock transactions and does not contain any information that would significantly impact investor sentiment.

Positives

• The filing provides transparency regarding stock transactions by a company executive.
• The filing clarifies the reason for the stock disposal, which is to cover tax obligations.

Future Outlook

No forward-looking statements or guidance were provided in the filing.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• Shareholders: The transaction has a minimal impact on shareholders as it is a small number of shares disposed of by an executive to cover tax obligations.
• Employees: The transaction does not directly impact employees.
• Customers: The transaction does not directly impact customers.
• Suppliers: The transaction does not directly impact suppliers.
• Creditors: The transaction does not directly impact creditors.

Key Dates

Keywords

State Street Corp, Michael L. Richards, stock disposal, Form 4, tax obligations, executive compensation, STT