Michael L. Richards - Nov 15, 2023 Form 4 Insider Report for STATE STREET CORP (STT)

Signature
/s/ Jeremy Kream, Attorney-in-fact
Stock symbol
STT
Transactions as of
Nov 15, 2023
Transactions value $
-$16,308
Form type
4
Date filed
11/17/2023, 03:58 PM
Previous filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STT Common Stock Tax liability -$12.1K -173 -0.53% $69.73 32.5K Nov 15, 2023 Direct F1
transaction STT Common Stock Sale -$4.24K -61 -0.19% $69.59 32.4K Nov 16, 2023 Direct F2
holding STT Common Stock 596 Nov 15, 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.