Form 4: State Street EVP Sarah Timby Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Sarah Timby, EVP and Chief Admin Officer of State Street Corporation, reports disposing of 491 shares of common stock to cover tax obligations related to vesting deferred stock.
Summary
- On February 15, 2025, Sarah Timby, EVP and Chief Admin Officer of State Street Corporation, disposed of 491 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of previously awarded deferred stock.
- The shares were disposed of at a price of $99.16 per share.
- Following the transaction, Timby directly owns 14,397 shares of State Street Corporation common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes. It doesn't indicate any particularly 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. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: disposal of common stock. |
| 02/19/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, State Street Corporation, STT, Sarah Timby, Executive Compensation, Stock Disposal, Tax Withholding, Beneficial Ownership
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