MICHAEL L. RICHARDS - 15 Nov 2023 Form 4 Insider Report for STATE STREET CORP (STT)

Signature
/s/ Jeremy Kream, Attorney-in-fact
Issuer symbol
STT
Transactions as of
15 Nov 2023
Net transactions value
-$16,308
Form type
4
Filing time
17 Nov 2023, 15:58:09 UTC
Previous filing
17 Aug 2023
Next filing
20 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STT Common Stock Tax liability $12,063 -173 -0.53% $69.73 32,471 15 Nov 2023 Direct F1
transaction STT Common Stock Sale $4,245 -61 -0.19% $69.59 32,410 16 Nov 2023 Direct F2
holding STT Common Stock 596 15 Nov 2023 By domestic partner
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously awarded deferred stock.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 19, 2023.