Form 4: Northern Trust Director Charles A. Tribbett Reports Stock Acquisition
SEC Form 4 Filing
Director Charles A. Tribbett reports acquisition of Northern Trust Corp stock and holdings in a trust.
Summary
- On October 1, 2024, Charles A. Tribbett, a director of Northern Trust Corp, acquired common stock.
- The transaction involved the acquisition of 123.77 shares at a price of $88.72 per share.
- Following the transaction, Tribbett directly owns 36,054.73 shares of common stock.
- Tribbett also indirectly owns 1,000 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock acquisition |
| 10/02/2024 | Date of signature by Attorney-in-Fact |
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