---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-020921"
form_type: "8-K"
ticker: "STT"
cik: "0000093751"
company_name: "STATE STREET CORP"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:34:01.402843+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# State Street issues 1.5M depositary shares of Series I preferred, raising ~$1.48B net

## Summary
- Issued 1,500,000 depositary shares each representing 1/100th interest in Series I Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, liquidation preference $100,000/share.
- Expected net proceeds of approximately $1.481 billion after underwriting discount and expenses.
- Underwriting agreement dated Jan 24, 2024 with BofA Securities, Deutsche Bank Securities, Goldman Sachs.
- Series I Preferred created via Articles of Amendment filed Jan 30, 2024 with Massachusetts Secretary of State.
- Deposit agreement entered with Equiniti Trust Company; legal opinion filed as Exhibit 5.1.

## SEC filing metadata
- accession: 0001193125-24-020921
- form_type: 8-K
- ticker: STT
- cik: 0000093751
- company_name: STATE STREET CORP
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93751/000119312524020921/0001193125-24-020921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93751/000119312524020921/d752889d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-020921
- JSON: https://secwatch.observer/filing/0001193125-24-020921.json
- Plain text: https://secwatch.observer/filing/0001193125-24-020921.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.