Form 4: State Street Executive Vice President Donna M. Milrod Sells 101 Shares Under 10b5-1 Trading Plan

Donna M. Milrod, Executive Vice President of State Street Corporation, sold 101 shares of common stock at $74.33 per share on May 31, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 31, 2024, Donna M. Milrod, an Executive Vice President at State Street Corporation, sold 101 shares of State Street's common stock.
• The sale was executed at a price of $74.33 per share.
• Following the transaction, Milrod directly owns 44,008 shares of State Street common stock.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on February 29, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. Rule 10b5-1 plans allow insiders to sell shares over a predetermined period, avoiding accusations of insider trading.

Comparison to Industry Standards

• Executive stock sales are a routine part of compensation for executives at publicly traded companies like State Street.
• Comparable companies such as BlackRock and JP Morgan Chase also see regular Form 4 filings related to executive stock transactions.
• The volume of shares sold (101) is relatively small compared to the total shares outstanding and is unlikely to have a significant impact on the stock price.

Stakeholder Impact

• The sale of 101 shares by an executive is unlikely to have a significant impact on shareholders.
• The transaction does not directly affect employees, customers, suppliers, or creditors.

Key Dates