Form 4: Northern Trust Director Linda Bynoe Reports Acquisition of Common Stock

Director Linda Bynoe reports the acquisition of 95.4 shares of Northern Trust Corp common stock at a price of $83.83 per share on July 1, 2024.

Summary

• On July 1, 2024, Linda Bynoe, a director of Northern Trust Corp, acquired 95.4 shares of common stock.
• The price per share was $83.83.
• Following the transaction, Bynoe directly owns 32,710.34 shares of common stock, including 30,710.34 stock units payable on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of stock acquisition by a company director.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the director's increased investment in the company.

Key Dates