Form 4: State Street Executive Vice President Joerg Ambrosius Sells 4,000 Shares
SEC Form 4 Filing
Executive Vice President of State Street Corporation, Joerg Ambrosius, sold 4,000 shares of common stock at an average price of $76.74 on May 10, 2024.
Summary
- Joerg Ambrosius, an Executive Vice President at State Street Corporation, reported a transaction involving the company's common stock.
- On May 10, 2024, Ambrosius sold 4,000 shares of common stock.
- The sale was executed at a weighted average price of $76.74 per share, with individual transactions ranging from $76.73 to $76.76.
- Following the reported transaction, Ambrosius directly owns 48,397 shares of State Street Corporation's common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale could be for personal financial planning reasons and may not reflect a negative outlook on the company.
Stakeholder Impact
- The stock sale by an executive could have a minor short-term impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the stock sale transaction. |
| 05/14/2024 | Date of signature for the Form 4 filing. |
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