Form 4: State Street EVP Sells Shares Under 10b5-1 Plan

State Street Executive Vice President Kathryn M. Horgan sold 5,676 shares of common stock for $118.55 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Kathryn M. Horgan, Executive Vice President of State Street Corporation (STT), reported a sale of common stock.
• The transaction involved the disposition of 5,676 shares of State Street Common Stock.
• The shares were sold at a price of $118.55 per share on November 28, 2025.
• Following this transaction, Ms. Horgan directly beneficially owns 104,978 shares of Common Stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled sale under a Rule 10b5-1 trading plan, which typically indicates a routine portfolio management decision rather than a reaction to new material non-public information. This mitigates any negative sentiment often associated with insider selling.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than a reaction to recent events, which can reduce concerns about insider selling.

Negatives

• An Executive Vice President selling a significant number of shares (5,676) could be perceived as a negative signal by some investors, despite the 10b5-1 plan.

Future Outlook

NA

Management Comments

• The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2025.

Industry Context

This is a routine insider transaction filing for a financial services company. Such filings are common across the industry as executives manage their personal portfolios and compensation.

Corporate Governance

Stakeholder Impact

• Shareholders: The sale of shares by an executive, even under a 10b5-1 plan, might be viewed with slight caution, though the pre-planned nature reduces its significance as a signal.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled sale of shares by an executive under a Rule 10b5-1 trading plan. Such transactions are typically for personal financial planning and do not usually signal new material information about the company's prospects. Therefore, this filing alone does not provide a basis for a change in investment recommendation, warranting a 'hold' position.

Keywords

State Street Corporation, STT, insider trading, Form 4, Rule 10b5-1, stock sale, executive compensation, beneficial ownership, Kathryn M. Horgan