Form 4: State Street EVP Yie-Hsin Hung Reports Stock Disposal to Cover Tax Obligations
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
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal transaction |
| 02/19/2025 | Date 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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