Form 4: Northern Trust CFO Gifts Shares, Maintains Significant Holdings
Insider Transaction Report
Northern Trust's EVP & CFO, David W. Fox Jr., reported a gift of 191 shares of common stock on August 25, 2025.
Summary
- David W. Fox Jr., Executive Vice President & Chief Financial Officer of Northern Trust Corp (NTRS), reported a disposition of 191 shares of common stock.
- The transaction occurred on August 25, 2025, and was classified as a gift (Transaction Code 'G').
- No monetary consideration was involved in the disposition, with a reported price of $0 per share.
- Following this transaction, Mr. Fox Jr. beneficially owns a total of 59,455 shares of Northern Trust common stock.
- This total includes 40,445 shares held indirectly by a trust for his benefit, 13,999 direct stock units payable in common stock, 5,000 shares held indirectly by a trust for his benefit and descendants, and 11 additional shares held indirectly by a trust for his benefit.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (a gift of shares) which is generally neutral for the company's operational performance or stock value. It represents a personal financial planning decision by the executive.
Industry Context
This filing is a routine disclosure of an insider transaction and does not provide information related to broader industry trends or competitive positioning.
Related Party Transactions
- Shares are held indirectly in trusts established for the benefit of the reporting person and his descendants, where the reporting person acts as trustee and maintains investment control.
Stakeholder Impact
- Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a personal transaction by an executive and not related to company operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 08/25/2025 | Date of common stock disposition by gift |
| 08/26/2025 | Date of filing the Statement of Changes in Beneficial Ownership |
Recommendation
holdThe filing reports a routine insider transaction (a gift of shares) by a key executive. This type of transaction is generally not indicative of the company's financial health or future prospects and does not warrant a change in investment recommendation.
Keywords
Northern Trust, NTRS, Insider Transaction, Form 4, David W. Fox Jr., CFO, Stock Gift
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