Form 4: Northern Trust Director Susan Crown Acquires Additional Stock Units, Grants Power of Attorney for SEC Filings

Northern Trust Corporation Director Susan Crown reported the acquisition of 84.11 common stock units and detailed her beneficial ownership, alongside the establishment of a Power of Attorney for future SEC filings.

Summary

• Susan Crown, a Director of Northern Trust Corporation (NTRS), acquired 84.11 Common Stock Units on July 1, 2025, at a price of $127.99 per unit.
• Following this transaction, Susan Crown directly beneficially owns 37,404.52 Common Stock Units, which are payable on a 1-for-1 basis in shares of the Corporation's common stock.
• She also directly beneficially owns 18,400 shares of Common Stock.
• Indirect beneficial ownership includes 4,000 shares of Common Stock held by various trusts for her children.
• An additional 339,696 shares of Common Stock are indirectly owned by HCNI II LLC, a limited liability company where trusts for the benefit of Susan Crown and her children are members.
• Susan Crown disclaims beneficial ownership of the indirectly held shares, except to the extent of her beneficial ownership in the trusts and the entity that own such shares.
• A Power of Attorney was executed on July 2, 2025, appointing Deann M. Bogner, Tanya Igess, Michael Rouvina, and David A. Serna as attorneys-in-fact to execute and file Forms 3, 4, 5, and 144 on her behalf with the SEC and stock exchanges.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to a director's acquisition of additional shares, which can be interpreted as a vote of confidence in the company. However, as a routine insider transaction report, it does not contain extensive positive or negative financial performance details.

Positives

• The acquisition of additional common stock units by a director can be interpreted as a positive signal of management's confidence in the company's future performance and valuation.

Future Outlook

The document does not contain specific forward-looking statements or guidance regarding the company's future financial performance or strategic direction, focusing instead on an insider transaction and administrative delegation.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction within the financial services industry. Such filings provide transparency into the trading activities of a company's directors and officers, which can be a signal of their confidence in the company's prospects. The establishment of a Power of Attorney is a common administrative practice for corporate insiders to ensure timely compliance with SEC reporting requirements.

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 4,000 Common Stock shares by various trusts for the children of Susan Crown.
• Indirect beneficial ownership of 339,696 Common Stock shares by HCNI II LLC, where trusts for the benefit of Susan Crown and her children are members.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director may be viewed as a positive signal of confidence in the company's future, potentially influencing investor sentiment.
• Regulatory Authorities: The filing ensures transparency and compliance with SEC regulations regarding insider trading and beneficial ownership disclosures.

Next Steps

• The Power of Attorney will remain in full force and effect until Susan Crown is no longer required to file Forms 3, 4, 5, and 144 with respect to her holdings and transactions in Northern Trust Corporation securities, unless revoked earlier.

Key Dates

Keywords

Northern Trust Corp, NTRS, Susan Crown, Director, Insider Trading, SEC Form 4, Stock Units, Beneficial Ownership, Corporate Governance, Power of Attorney