RICHARDS MICHAEL L 4

What Happened

• Michael L. Richards, EVP and Chief Admin Officer of State Street Corp (STT), had 195 shares withheld to cover tax withholding related to the vesting of previously awarded deferred stock. The shares were valued at $152.85 each, totaling about $29,806.
• This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase — a routine administrative action tied to equity vesting.

Key Details

• Transaction date: 2026-05-15; Price per share: $152.85; Shares withheld/disposed: 195; Total value: ~$29,806.
• Shares owned after transaction: not specified in the provided excerpt; footnote indicates the reported balance reflects shares beneficially owned (including dividend reinvestment) as of the report date.
• Footnotes: F1 — shares were withheld to satisfy tax withholding on vesting of deferred stock; F2 — balance reflects beneficial ownership as of report date.
• Filing timeliness: Report filed 2026-05-19 for a 2026-05-15 transaction; this filing appears timely (Form 4 is due within two business days).

Context

• Withholding shares to cover taxes is common and administrative; it does not indicate a discretionary sale by the insider and is typically not treated as a market sentiment signal.