Form 4: State Street Executive Vice President Ann Fogarty Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ann Fogarty, an Executive Vice President at State Street Corporation, disposed of 3,167 shares of common stock on May 15, 2024, to cover tax withholding obligations related to vesting deferred stock.
Summary
- On May 15, 2024, Ann Fogarty, an Executive Vice President at State Street Corporation, disposed of 3,167 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of previously awarded deferred stock.
- The shares were disposed of at a price of $77.57 per share.
- Following the transaction, Fogarty directly owns 53,950 shares of State Street Corporation's common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock disposal transaction |
| 05/17/2024 | Date of signature for the report |
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