Michael L. Richards, Executive Vice President and Chief Administrative Officer of State Street Corporation, filed a Form 4 on September 4, 2026, reporting a disposition of 1,009 shares of common stock on September 2, 2026, via a gift transaction at $0 price.

Key Highlights

  • Reporting person: Michael L. Richards, EVP and Chief Administrative Officer of State Street Corporation
  • Transaction: Disposition of 1,009 shares of common stock on 09/02/2026, coded "G" (gift), at a price of $0
  • Direct ownership following transaction: 40,622 shares of common stock held directly
  • Indirect ownership: 648 shares beneficially owned indirectly through a domestic partner, reflecting shares including those received via dividend reinvestment
  • No derivative securities were reported in Table II of the filing

Richards Reports Gift Disposal and Post-Transaction Ownership in State Street Common Stock

According to the filing, Michael L. Richards, identified as EVP and Chief Administrative Officer at State Street Corporation (NYSE:STT), reported a single non-derivative transaction dated September 2, 2026. The transaction was coded "G," indicating a gift, and involved the disposal of 1,009 shares of State Street common stock at a stated price of $0. Following this transaction, Richards directly holds 40,622 shares of common stock, as reported in Table I of the filing.

The filing also discloses an indirect beneficial ownership position of 648 shares, held through Richards's domestic partner. According to the filing's footnote, that balance "reflects the amount of shares beneficially owned, including shares received due to dividend reinvestment, as of the date of this report." No transaction date is separately listed for the indirectly held shares, and no transaction code is associated with that position in the filing.

Table II of the filing, covering derivative securities such as options or warrants, contains no reported transactions or holdings. The Form 4 was signed by Shannon C. Stanley as attorney-in-fact on behalf of Richards, and was filed on September 4, 2026. The filing states it was made by one reporting person and is not an amendment to a prior form.

What Was Disclosed

The filing reports a gift disposal of 1,009 shares of State Street common stock by EVP Michael L. Richards on September 2, 2026, leaving him with direct beneficial ownership of 40,622 shares and indirect ownership of 648 shares through a domestic partner.