AMBROSIUS JOERG 4

What Happened

• Joerg Ambrosius, Executive Vice President of State Street Corporation (STT), received 12,351 shares on 2026-02-13 as the settlement of a performance award. The award shares were granted at $0.
• To satisfy tax withholding obligations tied to the settlement and prior deferred stock vestings, 2,464 shares and 938 shares were withheld (2,464 × $127.97 = $315,318; 938 × $127.97 = $120,036; total withheld value ≈ $435,354). These withholdings are recorded as dispositions (code F) and are routine for award settlements.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (reporting the 2/13 transactions).
• Award: 12,351 shares granted (code A) at $0.00.
• Withheld for taxes: 2,464 shares and 938 shares disposed at $127.97 per share (codes F); total withheld = 3,402 shares (~$435,354).
• Shares owned after transaction: not reported in this filing.
• Footnotes: F1 — settlement of a performance award granted Feb 24, 2023 as part of 2022 compensation. F2/F3 — shares withheld to satisfy tax withholding for the settlement and deferred vestings.
• These withholdings are not open-market sales by choice but tax-withholding actions; no 10b5-1 plan or late-filing claim is noted in the filing text.

Context

• This is a routine settlement of a performance award and subsequent tax withholding. The 3,402 shares withheld function like a cashless withholding to cover taxes rather than discretionary selling.
• Net new shares from this filing (award minus withheld) = 12,351 − 3,402 = 8,949 shares added to Ambrosius’s holdings, based solely on the reported transactions. Such award settlements and withholdings are common and generally do not by themselves indicate the insider’s market view.