State Street Corporation (STBA) reports 1.87M-share, 5.2% stake in S&T Bancorp
Rhea-AI Filing Summary
State Street Corporation reported beneficial ownership of common stock of S&T Bancorp Inc. (STBA). State Street and its investment advisory subsidiaries collectively beneficially own 1,871,779 shares of S&T Bancorp common stock, representing 5.2% of the outstanding class.
State Street reports no sole voting or dispositive power over these shares. It has shared voting power over 298,396 shares and shared dispositive power over 1,871,779 shares, reflecting holdings managed by its affiliated investment advisers, including SSGA Funds Management and several State Street Global Advisors entities.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,871,779 shares
Percent of class: 5.2%
Shared voting power: 298,396 shares
+3 more
6 metrics
Shares beneficially owned
1,871,779 shares
Common stock of S&T Bancorp Inc. beneficially owned by State Street Corporation
Percent of class
5.2%
Portion of S&T Bancorp common stock class beneficially owned by State Street
Shared voting power
298,396 shares
Shares of S&T Bancorp over which State Street has shared voting power
Shared dispositive power
1,871,779 shares
Shares of S&T Bancorp over which State Street has shared dispositive power
Sole voting power
0 shares
S&T Bancorp shares over which State Street has sole voting power
Sole dispositive power
0 shares
S&T Bancorp shares over which State Street has sole dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 1871779.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Schedule 13G regulatory
"Identification and Classification of Members of the Group."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
investment company financial
"A listing of the shareholders of an investment company registered"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How much of S&T Bancorp Inc. (STBA) does State Street Corporation own?
State Street Corporation reports beneficial ownership of 1,871,779 shares of S&T Bancorp Inc. common stock, representing 5.2% of the outstanding class, through various investment advisory subsidiaries listed in the Schedule 13G.
What dispositive power does State Street hold in S&T Bancorp (STBA)?
State Street has shared dispositive power over 1,871,779 shares of S&T Bancorp common stock and no sole dispositive power, indicating shared authority to determine how these shares may be disposed of.
Which State Street entities are involved in the S&T Bancorp (STBA) holdings?
The filing identifies SSGA Funds Management, Inc. and several State Street Global Advisors entities, including U.S., U.K., and European affiliates, as investment advisers associated with the reported S&T Bancorp holdings.