Form 4: Northern Trust Director Charles A. Tribbett Reports Stock Transactions
SEC Form 4 Filing
Director Charles A. Tribbett reports acquisition and transfer of Northern Trust Corporation stock units and shares.
Summary
- On April 1, 2025, Director Charles A. Tribbett acquired 113.9 shares of Northern Trust Corporation common stock at $97.95 per share.
- Following this transaction, Tribbett directly owned 36,276.67 shares.
- On April 22, 2025, 1,822 vested stock units, granted on April 16, 2024, were distributed to Tribbett and transferred into his trust account, increasing his direct ownership to 36,356.67 shares.
- Tribbett also indirectly owns 2,822 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a routine disclosure of stock transactions by a company director.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date stock units were granted. |
| 04/01/2025 | Date of common stock acquisition. |
| 04/22/2025 | Date of stock unit distribution and transfer to trust. |
| 04/24/2025 | Date of Form 4 filing. |
Keywords
Northern Trust Corporation, Director, Stock Units, Common Stock, Beneficial Ownership, Form 4, Tribbett
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