State Street (STT) EVP Mostapha Tahiri receives 14,259-share stock grant
Rhea-AI Filing Summary
State Street Corporation executive Mostapha Tahiri reported an equity award on Form 4. On the reported date, he acquired 14,259 shares of common stock through a grant classified as a "grant, award, or other acquisition," with no cash price per share.
Following this award, his directly held ownership increased to 74,253 common shares. A footnote explains the award consists of restricted stock units granted under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan, meaning the units represent a form of stock-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,259 shares
Net Buy
1 txn
Insider
TAHIRI MOSTAPHA
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,259 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 74,253 shares (Direct)
Footnotes (1)
- F1. Restricted stock units granted pursuant to State Street Corporation Amended and Restated 2017 Stock Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did State Street (STT) EVP Mostapha Tahiri report on this Form 4?
He reported receiving an equity award of 14,259 shares of State Street common stock. The transaction is coded as a grant or award acquisition, reflecting stock-based compensation rather than an open-market trade, and increased his directly held position to 74,253 shares.
Was the State Street (STT) Form 4 transaction a purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. It is coded as a grant, award, or other acquisition, and a footnote states the award consists of restricted stock units granted under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan.
What type of equity did Mostapha Tahiri receive from State Street (STT)?
He received restricted stock units tied to State Street common stock. The footnote specifies these units were granted under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan, indicating they are part of long-term incentive compensation rather than cash-based pay.