Form 4: Northern Trust Director Increases Stake Through Stock Unit Conversion

Northern Trust Corp Director Dean M. Harrison has increased his beneficial ownership of the company's common stock through the acquisition of additional shares from stock unit conversions.

Summary

• Director Dean M. Harrison acquired 348.09 shares of Northern Trust Corp Common Stock on June 30, 2025, at a price of $126.79 per share.
• An additional 145.8 shares of Common Stock were acquired by Director Harrison on July 1, 2025, at a price of $127.99 per share.
• These acquisitions represent stock units that are payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
• Following these transactions, Director Harrison directly beneficially owns 32,046.41 shares of Common Stock.
• Director Harrison also indirectly beneficially owns 1,000 shares through a Trust and 47 shares through an LLC.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director is increasing their stake in the company, indicating confidence. While these are conversions of stock units rather than open market purchases, they still represent an increase in beneficial ownership.

Positives

• Director Dean M. Harrison increased his direct beneficial ownership of Northern Trust Corp common stock, signaling continued alignment with shareholder interests.
• The acquisition of shares through stock unit conversions indicates the vesting of compensation, adding to the director's stake in the company.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This report details an insider transaction specific to Northern Trust Corp and its director, Dean M. Harrison, and does not provide broader industry trends or context.

Stakeholder Impact

• Shareholders may view the increase in director ownership as a positive sign of management's commitment and belief in the company's future performance.

Key Dates

Recommendation

Keywords

Northern Trust Corp, NTRS, Dean M. Harrison, Director, Insider Transaction, Stock Acquisition, Beneficial Ownership, Form 4, Stock Units