State Street (NYSE: STT) CEO reports major equity award and tax share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
State Street Corporation Chairman, CEO and President Ronald P. O’Hanley reported multiple equity compensation transactions dated February 13, 2026. He exercised 2023 and 2024 cash-settled restricted stock units into 1,343 and 2,204 shares of common stock, respectively, at a stated price of $0.00 per share as derivative conversions.
He also received a grant of 93,783 shares of common stock as an award. To cover obligations, he disposed of 1,343 and 2,204 shares back to the issuer and had 43,918 and 21,589 shares withheld at prices of $130.65 and $127.97 per share for tax liabilities. After these transactions, he directly owned 255,299 shares and indirectly reported 70,327 shares held by a trust, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,547 shares exercised/converted
Mixed
10 txns
Insider
O HANLEY RONALD P
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Cash Settled Restricted Stock Units | 1,343 | $0.00 | -- |
| Exercise | 2024 Cash Settled Restricted Stock Units | 2,204 | $0.00 | -- |
| Exercise | Common Stock | 1,343 | $0.00 | -- |
| Disposition | Common Stock | 1,343 | $130.65 | $175K |
| Exercise | Common Stock | 2,204 | $0.00 | -- |
| Disposition | Common Stock | 2,204 | $130.65 | $288K |
| Grant/Award | Common Stock | 93,783 | $0.00 | -- |
| Tax Withholding | Common Stock | 43,918 | $127.97 | $5.62M |
| Tax Withholding | Common Stock | 21,589 | $127.97 | $2.76M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2023 Cash Settled Restricted Stock Units — 0 shares (Direct);
2024 Cash Settled Restricted Stock Units — 8,816 shares (Direct);
Common Stock — 228,366 shares (Direct);
Common Stock — 70,327 shares (Indirect, By a Trust)
Footnotes (1)
- Each Unit is the equivalent of one share of State Street Corporation common stock. Pursuant to award granted on February 24, 2023 under the State Street Corporation 2017 Stock Incentive Plan, price is determined by multiplying the number of Restricted Stock Units by the average closing price of Common Stock on the New York Stock Exchange during the 30 trading days occurring on or immediately prior to the applicable vesting date. Pursuant to award granted on February 23, 2024 under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan, price is determined by multiplying the number of Restricted Stock Units by the average closing price of Common Stock on the New York Stock Exchange during the 30 trading days occurring on or immediately prior to the applicable vesting date. Settlement of a performance award granted on February 24, 2023 as part of 2022 compensation. These shares were withheld to satisfy tax withholding obligations in connection with the settlement of a performance award granted on February 24, 2023 as part of 2022 compensation. These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously awarded deferred stock. By a trust. The reporting person continues to report beneficial ownership of STT common stock held by the trust but disclaims beneficial ownership except to the extent of his pecuniary interest therein. Quarterly installment of award granted on February 24, 2023 with one-half of the units vesting in three equal quarterly installments commencing May 15, 2023 and remaining units vesting in nine equal quarterly installments commencing February 15, 2024. Quarterly installment of award granted on February 23, 2024 with one-half of the units vesting in three equal quarterly installments commencing May 15, 2024 and remaining units vesting in nine equal quarterly installments commencing February 15, 2025.
FAQ
What insider transactions did State Street (STT) CEO Ronald P. O’Hanley report?
Ronald P. O’Hanley reported equity compensation activity on February 13, 2026, including derivative exercises of restricted stock units, a 93,783-share common stock award, issuer dispositions, and tax-withholding share deliveries related to vested and performance-based stock awards.
Were Ronald P. O’Hanley’s State Street (STT) Form 4 dispositions open-market sales?
The dispositions were not open-market sales. Shares were delivered back to State Street as issuer dispositions and were also withheld to satisfy tax withholding obligations tied to the settlement and vesting of equity awards, rather than discretionary market selling.
What is the size of the equity award granted to State Street (STT) CEO Ronald P. O’Hanley?
Ronald P. O’Hanley received a grant of 93,783 shares of State Street common stock. This grant was recorded as a stock award with a price of $0.00 per share, reflecting compensation rather than a purchase transaction.
What do the tax-withholding transactions mean in Ronald P. O’Hanley’s State Street (STT) Form 4?
Tax-withholding entries show 43,918 and 21,589 shares of State Street common stock delivered at $127.97 per share to cover tax liabilities from the settlement of a performance award and the vesting of previously awarded deferred stock.
How do the restricted stock units relate to State Street (STT) common stock in this Form 4?
Each restricted stock unit is equivalent to one share of State Street common stock. Awards granted in February 2023 and February 2024 vest in scheduled quarterly installments, with settlement values based on 30-day average NYSE closing prices around each vesting date.