RICHARDS MICHAEL L 4

What Happened Michael L. Richards, EVP and Senior Advisor at State Street Corporation, was granted 5,967 restricted stock units (RSUs) on February 26, 2026. The Form 4 shows an acquisition of 5,967 shares at $0.00 (award), indicating these were compensation awards rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (filed timely).
• Transaction type: Award/Grant (code A).
• Shares granted: 5,967 RSUs; reported price $0.00 (no cash paid); reported acquisition value $0.
• Shares owned after transaction: Not specified in the filing; footnote F2 states the balance reflects shares beneficially owned (including dividend reinvestment) as of the report date.
• Footnotes: F1 — RSUs granted under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan. F2 — balance reflects beneficial ownership as of report date.

Context This was a compensation grant of RSUs (typically subject to the issuer's vesting and plan terms) rather than a market buy or sale, so it is routine insider compensation activity and not a direct market signal. Such grants are common for executives and do not, by themselves, indicate a change in the insider’s view of the company.