Form 4: Northern Trust Co-President Reports Stock Transactions
Insider Transaction Report
Northern Trust Co-President Clive Bellows reported the acquisition of 7,758 shares and the disposition of 1,044 shares for tax purposes.
Summary
- Clive Bellows, Co-President Asset Servicing at Northern Trust Corp, reported transactions involving the company's common stock.
- On February 5, 2026, Bellows acquired 7,758 shares of common stock at a price of $0.00 per share.
- On the same date, 1,044 shares of common stock were disposed of at a price of $112.39 per share.
- This disposition was to cover Federal, State, and Medicare taxes upon the distribution of 2,002 previously reported vested stock units. The remaining 958 shares from this vesting were distributed to Bellows.
- Following these transactions, Bellows beneficially owns a total of 35,281 shares of Northern Trust Corp common stock.
- This total includes 33,707 stock units, which are automatically payable on a 1-for-1 basis in shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing routine executive compensation and tax-related share dispositions, which are standard practice for publicly traded companies.
Positives
- Acquisition of 7,758 shares of common stock at $0.00, likely through a grant or vesting, increasing direct ownership.
- Net increase in direct shares held by a key executive after accounting for tax withholding.
Negatives
- Disposition of 1,044 shares to cover tax obligations, reducing the total number of shares held directly.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine insider transactions, such as those reported on Form 4, are common for executives receiving equity compensation. While not indicative of broader industry trends, they provide transparency into executive holdings and compensation structures within the financial services sector.
Stakeholder Impact
- Shareholders: Provides transparency into executive stock ownership and compensation, which is generally viewed positively for corporate governance.
- Employees: Reflects standard executive compensation practices, which can influence employee perception of equity programs.
Key Dates
| Date | Description |
|---|---|
| 02/05/2026 | Date of stock acquisition and disposition transactions. |
| 02/09/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Northern Trust, NTRS, Clive Bellows, Insider Transaction, Form 4, Stock Ownership, Executive Compensation, Asset Servicing
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