O HANLEY RONALD P 4
4 · STATE STREET CORP · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
State Street CEO Ronald O'Hanley Surrenders 2,204 Shares
What Happened Ronald P. O'Hanley, Chairman, CEO and President of State Street Corporation (STT), had 2,204 restricted stock units (units equal to one share each) convert to common stock on May 15, 2026 and immediately surrendered those 2,204 shares to the issuer at $147.14 per share for a total value of $324,297. The Form 4 shows the units were converted (derivative exercise/conversion) and the resulting shares were disposed to the issuer — a routine share surrender rather than an open-market sale.
Key Details
- Transaction date: May 15, 2026; filing date: May 19, 2026. No late-filing flag indicated in the supplied data.
- Converted/Acquired: 2,204 shares via exercise/conversion (derivative).
- Disposed to issuer (likely tax withholding): 2,204 shares at $147.14 each, total $324,297.
- Shares owned after transaction: not specified in the supplied filing details.
- Footnotes:
- F1: Each Unit = one share of common stock.
- F2: Price determined by 30-day average prior to vesting (from Feb 23, 2024 award).
- F4: This was a scheduled quarterly installment from a Feb 23, 2024 award (vesting schedule described).
- F3: Some shares are held by a trust; O'Hanley disclaims beneficial ownership except for pecuniary interest.
Context This appears to be a routine vesting/conversion of restricted stock units and immediate surrender of the resulting shares to the company to satisfy withholding/tax obligations (a net settlement or share surrender), not an open-market sale. Such transactions are common for executives receiving equity awards and do not necessarily signal a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-15+2,204→ 272,269 total - Disposition to Issuer
Common Stock
[F2]2026-05-15$147.14/sh−2,204$324,297→ 270,065 total - Exercise/Conversion
2024 Cash Settled Restricted Stock Units
[F1][F4]2026-05-15−2,204→ 6,612 totalExp: 2027-02-15→ Common Stock (2,204 underlying)
- 70,327(indirect: By Trust)
Common Stock
[F3]
Footnotes (4)
- [F1]Each Unit is the equivalent of one share of State Street Corporation common stock.
- [F2]Pursuant to award granted on February 23, 2024 under the State Street Corporation Amended and Restated 2017 Stock Incentive Plan, price is determined by multiplying the number of Restricted Stock Units by the average closing price of Common Stock on the New York Stock Exchange during the 30 trading days occurring on or immediately prior to the applicable vesting date.
- [F3]By a trust. The reporting person continues to report beneficial ownership of STT common stock held by the trust but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- [F4]Quarterly installment of award granted on February 23, 2024 with one-half of the units vesting in three equal quarterly installments commencing May 15, 2024 and remaining units vesting in nine equal quarterly installments commencing February 15, 2025.