Form 4: State Street Executive Vice President Sells 12,500 Shares Under 10b5-1 Plan

Kathryn M. Horgan, an Executive Vice President at State Street Corporation, sold 12,500 shares of common stock at $97.97 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Kathryn M. Horgan, an Executive Vice President at State Street Corporation, sold 12,500 shares of the company's common stock.
• The sale occurred on November 25, 2024, at a price of $97.97 per share.
• This transaction was executed under a Rule 10b5-1 trading plan that was adopted on August 21, 2024.
• Following the transaction, Ms. Horgan directly owns 111,042 shares of State Street common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a pre-planned stock sale by an executive. 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 insider trading.

Comparison to Industry Standards

• Many executives at publicly traded companies use 10b5-1 trading plans to sell shares, so this is a common practice.
• The volume of shares sold is not unusual for an executive at this level.
• Comparable companies such as BlackRock and JP Morgan Chase also have executives who use 10b5-1 plans.

Stakeholder Impact

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

Key Dates

Keywords

State Street Corporation, Kathryn M. Horgan, Executive Vice President, stock sale, Rule 10b5-1, insider trading, STT