Form 4: Northern Trust EVP Acquires 4,694 Shares

Northern Trust's Executive Vice President and General Counsel, Susan Cohen Levy, acquired 4,694 shares of common stock through a pre-planned transaction.

Summary

• Susan Cohen Levy, Executive Vice President and General Counsel of Northern Trust Corp (NTRS), acquired 4,694 shares of common stock.
• The transaction occurred on February 5, 2026, at a price of $0 per share, indicating a grant or vesting event, likely under a Rule 10b5-1 plan.
• Following this acquisition, Levy directly beneficially owns 52,727 shares, which includes 20,277 stock units payable on a 1-for-1 basis in common stock.
• Additionally, Levy indirectly beneficially owns 38,026 shares via a 2024 GRAT and 35,412 shares via an Irrevocable Trust where her spouse is the trustee.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as an executive increasing their stake, even through awards, generally indicates confidence in the company's future and aligns executive interests with shareholders.

Positives

• An executive is increasing their direct beneficial ownership in the company by 4,694 shares.
• The acquisition at a $0 price suggests the vesting of equity awards, aligning executive incentives with shareholder interests.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider acquisitions, particularly through equity awards, are common practice in the financial services industry to align executive incentives with long-term company performance and shareholder value. This transaction reflects a standard component of executive compensation at Northern Trust.

Related Party Transactions

• Susan Cohen Levy's indirect beneficial ownership includes shares held in a 2024 GRAT and an Irrevocable Trust where her spouse serves as trustee, which are considered related party holdings.

Stakeholder Impact

• Shareholders: The increase in executive ownership aligns management's interests with shareholders, potentially fostering greater commitment to long-term value creation.
• Employees: No direct impact on employees is indicated by this filing.
• Customers: No direct impact on customers is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing details a routine executive equity award vesting, which is an expected part of compensation and aligns executive interests with shareholders. It does not present new information significant enough to warrant a change in investment recommendation, thus a 'hold' stance is maintained.

Keywords

Northern Trust, NTRS, Insider Trading, Form 4, Executive Compensation, Stock Acquisition, Susan Cohen Levy, Corporate Governance