Form 4: Northern Trust Director Susan Crown Reports Stock Transactions

Director Susan Crown reports acquisition and disposal of Northern Trust Corporation stock and units.

Summary

• On April 1, 2024, Susan Crown, a director of Northern Trust Corporation, reported transactions involving the company's stock.
• She acquired 85.33 common stock units at $88.44.
• She disposed of 18,400 shares of common stock.
• 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 shares held in trusts and the LLC, except for her beneficial interest in those entities.
• Following the reported transactions, Crown directly owns 33,069.67 common stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by a company director.

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

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Key Dates