State Street (NYSE: STT) EVP and COO reports 91-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STATE STREET CORP EVP and COO Mostapha Tahiri reported a small, routine tax-related share disposition. On the vesting of previously awarded deferred stock, 91 shares of Common Stock were withheld to satisfy tax withholding obligations. Following this withholding, Tahiri directly holds 64,551 shares of State Street common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TAHIRI MOSTAPHA
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 91 | $152.85 | $14K |
Holdings After Transaction:
Common Stock — 64,551 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 91 shares
Tax withholding reference price: $152.85 per share
Shares held after transaction: 64,551 shares
3 metrics
Shares withheld for taxes
91 shares
Tax-withholding disposition on deferred stock vesting
Tax withholding reference price
$152.85 per share
Price per share used in the F-code transaction
Shares held after transaction
64,551 shares
Direct holdings after tax-withholding event
Key Terms
tax withholding obligations, deferred stock, Form 4
3 terms
tax withholding obligations financial
"These shares were withheld to satisfy tax withholding obligations in connection with the vesting..."
deferred stock financial
"in connection with the vesting of previously awarded deferred stock."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did STATE STREET CORP (STT) report for Mostapha Tahiri?
STATE STREET CORP reported that EVP and COO Mostapha Tahiri had 91 common shares withheld for taxes. The withholding was tied to vesting of previously awarded deferred stock, not an open-market sale, and is a standard compensation-related event.
What does transaction code F mean in the STT Form 4 for Mostapha Tahiri?
Transaction code F indicates a tax-withholding disposition. In this case, 91 shares of STATE STREET CORP common stock were withheld to pay tax liabilities arising from the vesting of previously granted deferred stock, rather than being voluntarily sold in the market.