Form 4: State Street EVP Yie-Hsin Hung Reports Stock Disposal to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Yie-Hsin Hung, EVP of State Street Corporation, disposed of 12,709 shares of common stock to cover tax withholding obligations related to vesting deferred stock.

Summary

  • On February 15, 2025, Yie-Hsin Hung, EVP of State Street Corporation, disposed of 12,709 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, Hung directly owns 66,115 shares of State Street Corporation common stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes. It doesn't indicate any significant positive or negative sentiment regarding the company's performance or outlook.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related stock disposal, which is common among executives receiving stock-based compensation.

Key Dates

DateDescription
02/15/2025Date of stock disposal transaction
02/19/2025Date of signature on the Form 4 filing

Keywords

State Street Corporation, Yie-Hsin Hung, Form 4, Stock Disposal, Tax Withholding, Beneficial Ownership, STT

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