Form 4: Northern Trust Director Dean M. Harrison Reports Stock Acquisitions
SEC Form 4
Dean M. Harrison, a director at Northern Trust Corp, reported the acquisition of common stock through direct and indirect holdings.
Summary
- Dean M. Harrison, a director of Northern Trust Corp, filed a Form 4 detailing changes in beneficial ownership.
- On December 31, 2024, Harrison acquired 402.44 shares of common stock at $102.5 per share.
- On January 1, 2025, Harrison acquired an additional 159.83 shares of common stock at $102.5 per share.
- Following these transactions, Harrison directly owns 29,002.72 shares of common stock.
- Harrison also indirectly owns 1,000 shares through a trust and 47 shares through an LLC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company insider.
Positives
- The director's stock acquisitions could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The director's stock acquisitions may influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Acquisition of 402.44 shares of common stock at $102.5 per share. |
| 01/01/2025 | Acquisition of 159.83 shares of common stock at $102.5 per share. |
| 01/03/2025 | Date of signature by Attorney-in-Fact. |
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