Horgan Kathryn M 4

What Happened

• Kathryn M. Horgan, Executive Vice President of State Street Corp (STT), had a performance award settle on Feb 13, 2026, resulting in an award of 16,950 shares (acquisition price $0). On the same date, 6,773 shares were withheld to satisfy tax withholding related to that award and an additional 4,792 shares were withheld for tax withholding related to previously awarded deferred stock. The withheld shares were valued at $127.97 each, producing proceeds of $866,741 and $613,232 respectively (total $1,479,973). Net shares delivered to Horgan on the date = 16,950 − 11,565 = 5,385 shares.

Key Details

• Transaction date: 2026-02-13; Filing date: 2026-02-18 (filing reports the Feb 13 transactions).
• Award: 16,950 shares credited (code A; acquisition price reported as $0).
• Withheld/disposed: 6,773 shares @ $127.97 = $866,741 (code F); 4,792 shares @ $127.97 = $613,232 (code F).
• Total cash value of withheld shares: $1,479,973.
• Net new shares from these events: 5,385 shares (16,950 awarded − 11,565 withheld).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 — settlement of a performance award granted Feb 24, 2023 (part of 2022 comp). F2 — shares withheld to satisfy tax withholding for that settlement. F3 — shares withheld to satisfy tax withholding on vesting of previously awarded deferred stock.

Context

• This filing reflects an equity award settlement and standard tax-withholding (a "net share settlement" or sell-to-cover), not an open-market sale by the insider; withheld shares were surrendered to cover taxes rather than representing a discretionary sale. Such routine withholding is common following vesting/settlement and should not be read as an explicit bullish or bearish signal.