State Street (NYSE: STT) SVP and CAO sells 500 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
State Street Corp senior executive Elizabeth Schaefer reported an open-market sale of company stock. As SVP and Chief Accounting Officer, she sold 500 shares of State Street common stock at a price of $150.87 per share.
After this transaction, she directly holds 8,764 shares of State Street common stock. The filing shows a single sale transaction and no derivative securities, indicating this was a straightforward, relatively small share sale by a senior officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares ($75,435)
Net Sell
1 txn
Insider
Schaefer Elizabeth
Role
SVP, Chief Accounting Officer
Sold
500 shs ($75K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $150.87 | $75K |
Holdings After Transaction:
Common Stock — 8,764 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 500 shares
Sale price: $150.87 per share
Shares held after transaction: 8,764 shares
3 metrics
Shares sold
500 shares
Open-market sale of State Street common stock
Sale price
$150.87 per share
Price for the 500 shares sold
Shares held after transaction
8,764 shares
Direct holdings following the sale
Key Terms
open-market sale, Common Stock, total shares following transaction
3 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did STT executive Elizabeth Schaefer report?
Elizabeth Schaefer reported an open-market sale of 500 shares of State Street common stock. The transaction involved a single sale at a disclosed per-share price and did not include any derivative securities or option exercises.
What role does Elizabeth Schaefer hold at State Street Corp (STT)?
Elizabeth Schaefer serves as Senior Vice President and Chief Accounting Officer of State Street Corp. The Form 4 identifies her as an officer of the company but not as a director or 10% beneficial owner.
Was the reported State Street (STT) transaction a buy or a sell?
The transaction was a sale of common stock. The Form 4 lists transaction code "S" and describes it as an open-market or private sale of 500 non-derivative shares at a stated per-share price.