Form 4: Northern Trust Corp Executive Teresa Parker Sells Shares

Teresa Parker, President of Asset Servicing at Northern Trust Corp, sold 4,439 shares of common stock at an average price of $100.86 on October 25, 2024.

Summary

• On October 25, 2024, Teresa Parker, President of Asset Servicing at Northern Trust Corp, sold 4,439 shares of the company's common stock.
• The sale was executed at a weighted average price ranging from $100.59 to $101.02, with an average of $100.86.
• Following the transaction, Parker directly owns 79,326 shares of Northern Trust Corp.
• Parker also indirectly owns 10,171.37 shares through a 401(k) as of September 30, 2024.
• Additionally, 63,071 of the directly owned shares are stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. It is common for executives to periodically sell shares for personal financial management reasons.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates