State Street (NYSE: STT) director Brian Porter granted 1,526 Common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STATE STREET CORP director Brian J. Porter received a stock grant of 1,526 shares of Common Stock as payment of his annual director stock award. The shares were acquired at no cost to him and increased his directly held stake to 10,424 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Porter Brian J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,526 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,424 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 1,526 shares
Holdings after transaction: 10,424 shares
Transaction price per share: $0.00 per share
3 metrics
Director stock grant
1,526 shares
Common Stock grant as annual director stock award
Holdings after transaction
10,424 shares
Total Common Stock directly owned after award
Transaction price per share
$0.00 per share
Grant, award, or other acquisition (code A)
Key Terms
Common Stock, Grant, award, or other acquisition, annual stock award, Form 4
4 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
annual stock award financial
"Payment of Director's annual stock award."
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 did State Street (STT) director Brian J. Porter report on this Form 4?
Brian J. Porter reported receiving 1,526 shares of State Street Common Stock. The filing describes this as a grant, award, or other acquisition, reflecting routine director compensation rather than an open-market purchase or sale of shares.
Was Brian J. Porter’s State Street (STT) stock award an open-market purchase?
The award was not an open-market purchase. The filing classifies it as a grant, award, or other acquisition with a per-share transaction price of zero, indicating compensation rather than a discretionary market transaction.
What is the nature of the stock transaction reported by Brian J. Porter at State Street (STT)?
The transaction is a compensation-related stock grant. It is labeled with transaction code A, described as a grant, award, or other acquisition, and a footnote clarifies it represents payment of the director’s annual stock award.