O HANLEY RONALD P 4

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.