Form 4: Northern Trust Director Richard Petrino Reports Stock Acquisitions

Director Richard Petrino reported acquiring Northern Trust Corporation common stock and stock units on April 22, 2025.

Summary

• Richard Petrino, a director of Northern Trust Corporation, filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of the company's securities.
• On April 22, 2025, Petrino acquired 3.52 shares of common stock at $89.36 per share.
• He also acquired 1,902 stock units at $0.
• Following these transactions, Petrino beneficially owns 422.52 shares of common stock directly and 2,324.52 stock units directly.
• These stock units are payable on a 1-for-1 basis in shares of Northern Trust's common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating neutral sentiment.

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 filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates

Keywords

Form 4, beneficial ownership, stock units, common stock, NTRS, Northern Trust Corporation, Richard Petrino, director, acquisition