Form 4: Northern Trust Director Susan Crown Reports Stock Transactions

Director Susan Crown reported the acquisition of common stock units and the disposal of common stock in Northern Trust Corporation.

Summary

• On April 16, 2024, Susan Crown, a director of Northern Trust Corporation, reported transactions involving the company's stock.
• She acquired 1,822 common stock units at a price of $79.56 per unit.
• Crown also disposed of 18,400 shares of common stock.
• Following these transactions, she directly owns 34,961.62 common stock units.
• She also indirectly owns 4,000 shares through trusts for her children and 339,696 shares through HCNI II LLC, where trusts for her and her children are members.
• Crown disclaims beneficial ownership of the indirectly held shares except to the extent of her beneficial interest in the trusts and the LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

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 Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

• The transactions provide shareholders with insight into the actions of a key insider.

Key Dates