Form 4: Northern Trust Director Chandra Dhandapani Reports Acquisition of Common Stock

Director Chandra Dhandapani reports acquiring Northern Trust Corp common stock on June 30, 2024.

Summary

• On June 30, 2024, Chandra Dhandapani, a director of Northern Trust Corp, acquired common stock.
• The transaction involved the acquisition of 118.75 shares at a price of $83.98 per share.
• Following the transaction, Dhandapani directly owns 1,725.75 shares of Northern Trust Corp common stock, represented as stock units payable on a 1-for-1 basis.
• The report was filed on July 2, 2024, by Bradley R. Gabriel, Attorney-in-Fact for Chandra Dhandapani.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of a director's stock purchase.

Positives

• The director's acquisition of shares may signal confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge sentiment and alignment of interests.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates