Form 4: State Street Executive Vice President Sells 1,500 Shares Under 10b5-1 Plan

Ann Fogarty, an Executive Vice President at State Street Corporation, sold 1,500 shares of common stock at $97.97 per share on November 25, 2024, under a pre-arranged trading plan.

Summary

• Ann Fogarty, an Executive Vice President at State Street Corporation, sold 1,500 shares of the company's common stock on November 25, 2024.
• The sale was executed at a price of $97.97 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan that was adopted on August 21, 2024.
• Following the sale, Ms. Fogarty directly owns 51,042 shares of State Street common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of trading on inside information.

Comparison to Industry Standards

• Rule 10b5-1 trading plans are a common practice among executives at publicly traded companies, including those in the financial services sector like State Street.
• Similar filings are regularly made by executives at companies like BlackRock, JP Morgan Chase, and Bank of New York Mellon, reflecting standard practices for managing personal stock holdings.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-planned nature of the transaction.

Key Dates

Keywords

State Street Corporation, insider trading, Form 4, stock sale, Rule 10b5-1, executive vice president, STT