Form 4: State Street Executive Vice President Kathryn M. Horgan Sells Shares Under 10b5-1 Plan

Kathryn M. Horgan, Executive Vice President of State Street Corporation, sold 6,776 shares of common stock at $80 per share on August 15, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On August 15, 2024, Kathryn M. Horgan, an Executive Vice President at State Street Corporation, sold 6,776 shares of State Street common stock.
• The sale was executed at a price of $80 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on May 22, 2023.
• Following the transaction, Horgan directly owns 123,542 shares of State Street common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies. They can be driven by various factors, including personal financial planning and diversification. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates