Form 4: Northern Trust Corp Vice Chairman Steven L. Fradkin Reports Acquisition of 8,278 Shares

Steven L. Fradkin, Vice Chairman of Northern Trust Corp, reports acquiring 8,278 shares of common stock on February 5, 2025.

Summary

• Steven L. Fradkin, Vice Chairman of Northern Trust Corp, filed a Form 4 indicating changes in beneficial ownership.
• On February 5, 2025, Fradkin acquired 8,278 shares of Northern Trust Corp common stock at $0 per share.
• Following the transaction, Fradkin directly owns 53,881 shares of common stock.
• Fradkin also indirectly owns 153,962 shares through a trust, 47,797 shares through a gift trust, 1,762 shares through a spouse's trust for a son, 1,762 shares through a spouse's trust for a daughter, and 12,204.69 shares through a 401(k) as of December 31, 2024.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
• The information provided allows investors to track insider sentiment, which can be a useful signal, although it should not be the sole basis for investment decisions.

Stakeholder Impact

• The transaction may have a minor impact on shareholders by providing insight into management's actions.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates

Keywords

Form 4, Beneficial Ownership, Northern Trust Corp, NTRS, Steven L. Fradkin, Insider Trading