State Street Insider Dumps Nearly $10M in Shares Amid Market Volatility

Rhea-AI Filing Summary

State Street Corporation (NYSE: STT) Form 144 filing details proposed sale of securities by insider Gregory L. Summe. The filing indicates planned sale of 1 share of common stock at a market value of $97.23 through Fidelity Brokerage Services.

Recent insider trading activity by Summe includes:

• May 28, 2025: Sale of 37,000 shares for gross proceeds of $3,626,625
• June 6, 2025: Sale of 63,980 shares for gross proceeds of $6,277,320

The share to be sold was acquired on May 14, 2025, through restricted stock vesting as compensation. Total shares outstanding: 285,181,612. The filing confirms the seller has no knowledge of undisclosed material adverse information regarding State Street's operations.

Positive

• None.

Negative

• Significant insider selling: Executive Gregory L. Summe sold a total of 100,980 shares for approximately $9.9 million in two transactions over the past month, representing substantial liquidation of holdings

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Accepted by SEC EDGAR 06/23/2025 - 04:57 PM Learn about SEC filing dates

FAQ

How many STT shares are being sold by insiders according to the June 2023 Form 144?

According to the Form 144 filing, Gregory L. Summe plans to sell 1 share of STT common stock through Fidelity Brokerage Services LLC. Additionally, the filing discloses that Summe has already sold 100,980 shares in the past 3 months (37,000 shares on May 28, 2025, and 63,980 shares on June 6, 2025).

What was the value of Gregory Summe's recent STT stock sales in May-June 2025?

Gregory L. Summe's recent sales of STT stock totaled approximately $9.9 million in gross proceeds. Specifically, he sold 37,000 shares for $3,626,625.28 on May 28, 2025, and 63,980 shares for $6,277,320.47 on June 6, 2025.

How did STT insider Gregory Summe acquire the shares being sold?

According to the Form 144 filing, the shares were acquired through Restricted Stock Vesting on May 14, 2025, as part of compensation from the issuer (State Street Corporation).

What is the current market value per share of STT stock according to the Form 144?

The Form 144 filing indicates an aggregate market value of $97.23 per share for STT common stock.

How many total shares of STT common stock are outstanding?

According to the Form 144 filing, State Street Corporation (STT) has 285,181,612 shares outstanding.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1	97.23	285181612	06/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/14/2025	Restricted Stock Vesting	Issuer			1	05/14/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gregory L. Summe One Congress Street Boston MA 02114	Common	05/28/2025	37000	3626625.28
Gregory L. Summe One Congress Street Boston MA 02114	Common	06/06/2025	63980	6277320.47

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)