Form 4: State Street Executive Kathryn M. Horgan Reports Acquisition of Restricted Stock Units

Executive Vice President Kathryn M. Horgan reports the acquisition of 9,806 restricted stock units in State Street Corporation on February 23, 2024.

Summary

• Kathryn M. Horgan, an Executive Vice President at State Street Corporation, filed a Form 4 on February 27, 2024, reporting a transaction.
• On February 23, 2024, Horgan acquired 9,806 shares of Common Stock in the form of restricted stock units.
• These restricted stock units were granted pursuant to State Street Corporation's Amended and Restated 2017 Stock Incentive Plan.
• Following the reported transaction, Horgan beneficially owns 130,318 shares of State Street Corporation Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing reporting a common executive compensation practice.

Positives

• The acquisition of restricted stock units by a company executive can be seen as a positive sign, aligning the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock units by an executive can align their interests with shareholders, potentially driving long-term value.

Key Dates