Form 4: Northern Trust Director Susan Crown Reports Stock Transactions

Director Susan Crown of Northern Trust Corp. reported acquiring common stock units and disposing of common stock, while also holding indirect ownership through trusts and a limited liability company.

Summary

• Susan Crown, a director at Northern Trust Corp., reported several transactions involving the company's stock.
• On January 1, 2025, she acquired 89.88 common stock units at a price of $102.50 per unit.
• She also disposed of 18,400 shares of common stock.
• Additionally, she has indirect ownership of 4,000 shares through various trusts where her children are beneficiaries.
• She also has indirect ownership of 339,696 shares through a limited liability company, HCNI II LLC, where trusts for her and her children's benefit are members.
• The report indicates that the common stock units are payable on a one-for-one basis in shares of NTRS stock upon termination of her service as a director.
• Susan Crown disclaims beneficial ownership of the shares held in trusts and the limited liability company, except for her beneficial interest in those entities.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, and does not indicate any positive or negative sentiment.

Management Comments

• The Reporting Person disclaims beneficial ownership of the shares described in Footnotes 2 and 3, except to the extent of her beneficial ownership in the trusts and entity that own such shares.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting their transactions in company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions reported are typical for directors who may receive stock-based compensation or manage their personal portfolios.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the trading activities of a company director.
• The transactions do not appear to have any immediate impact on other stakeholders.

Key Dates

Keywords

Northern Trust Corp, NTRS, Susan Crown, Director, Stock Transactions, Beneficial Ownership, Common Stock Units, Trusts, Limited Liability Company