Form 4: Northern Trust Director David Byron Smith Jr. Reports Stock Distribution and Trust Holdings

Director David Byron Smith Jr. reports a distribution of Northern Trust common stock from a trust and details holdings in various trusts.

Summary

• On April 30, 2025, a trust distributed 2,160 shares of Northern Trust common stock to David Byron Smith Jr.
• Smith also indirectly owns shares through several trusts, including a trust for his benefit and his children, and separate trusts for each of his three children.
• He directly owns 1,902 stock units payable in Northern Trust common stock.
• Smith indirectly owns 1,037,680 shares through a trust in which he has a partial direct pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions and holdings by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the director's holdings and transactions.

Key Dates

Keywords

Northern Trust, Director, Stock Distribution, Trust Holdings, Beneficial Ownership, Form 4, NTRS