I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

David Phelan Biography and Net Worth

EVP of State Street

David Phelan is executive vice president and general counsel at State Street. He leads our legal, corporate administration, regulatory and security (LCARS) functions globally. David is also a part of our Management Committee.

David joined State Street from the Boston office of Wilmer Cutler Pickering Hale and Dorr LLP, where he was a senior partner for more than a decade and practiced corporate law with a special focus on the investment management industry, securities law compliance, mergers and acquisitions, and corporate governance matters. Through private practice and serving as general counsel at State Street, he has significant asset servicing, asset management, corporate and securities law experience.

David is a member of the New York and Massachusetts Bar Associations. He received a J.D. degree, magna cum laude, from Tulane University Law School, where he was an editor of the Tulane Law Review. He received a Bachelor of Arts degree from Hamilton College and a Master of Arts degree from Brown University.

What is David C. Phelan's net worth?: The estimated net worth of David C. Phelan is at least $7.12 million as of February 24th, 2023. Phelan owns 72,491 shares of State Street stock worth more than $7,118,616 as of December 21st. This net worth approximation does not reflect any other investments that Phelan may own. Learn More about David C. Phelan's net worth.
How do I contact David C. Phelan?: The corporate mailing address for Phelan and other State Street executives is ONE LINCOLN STREET, BOSTON MA, 02111. State Street can also be reached via phone at (617) 786-3000 and via email at [email protected]. Learn More on David C. Phelan's contact information.
Has David C. Phelan been buying or selling shares of State Street?: David C. Phelan has not been actively trading shares of State Street within the last three months. Most recently, David C. Phelan sold 15,000 shares of the business's stock in a transaction on Friday, February 24th. The shares were sold at an average price of $86.63, for a transaction totalling $1,299,450.00. Following the completion of the sale, the executive vice president now directly owns 72,491 shares of the company's stock, valued at $6,279,895.33. Learn More on David C. Phelan's trading history.
Who are State Street's active insiders?: State Street's insider roster includes Eric Aboaf (CFO), Ian Appleyard (President, CEO & Director), Francisco Aristeguieta (CEO), Anthony Bisegna (EVP), Patrick de Saint-Aignan (Director), Andrew Erickson (EVP), Kathryn Horgan (EVP, Chief Human Resources and Citizenship Officer), John Lehner (EVP), Donna Milrod (EVP), David Phelan (EVP), John Plansky (EVP), Michael Richards (EVP), and Cyrus Taraporevala (CEO). Learn More on State Street's active insiders.
Are insiders buying or selling shares of State Street?: In the last twelve months, State Street insiders bought shares 6 times. They purchased a total of 110 shares worth more than $8,234.40. In the last twelve months, insiders at the asset manager sold shares 9 times. They sold a total of 45,445 shares worth more than $3,899,466.69. The most recent insider tranaction occured on November, 25th when EVP Kathryn M Horgan sold 12,500 shares worth more than $1,224,625.00. Insiders at State Street own 0.3% of the company. Learn More about insider trades at State Street.
Information on this page was last updated on 11/25/2024.

David C. Phelan Insider Trading History at State Street

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
2/24/2023	Sell	15,000	$86.63	$1,299,450.00	72,491
5/20/2021	Sell	50,000	$84.30	$4,215,000.00	61,553

David C. Phelan Buying and Selling Activity at State Street

State Street Company Overview

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Today's Range

Now: $98.20

$94.83

$98.63

50 Day Range

MA: $95.56

$89.86

$100.78

2 Week Range

Now: $98.20

$70.20

$101.91

Volume

6,620,027 shs

Average Volume

2,235,194 shs

Market Capitalization

$28.79 billion

P/E Ratio

15.51

Dividend Yield

3.19%

Beta

1.44

I was wrong. Dead wrong.

From Porter & Company | Ad