Form 4: Northern Trust EVP David W. Fox, Jr. Reports Acquisition of Common Stock
SEC Form 4 Filing
David W. Fox, Jr., EVP & Chief Financial Officer of Northern Trust Corp, reports acquiring 4,740 shares of common stock on February 5, 2025.
Summary
- On February 5, 2025, David W. Fox, Jr., EVP & Chief Financial Officer of Northern Trust Corp, acquired 4,740 shares of common stock.
- The acquisition was direct and the price was $0.
- Following the transaction, Fox directly owns 19,709 shares of common stock.
- Fox also indirectly owns 40,636 shares through a trust, 5,000 shares through another trust for his descendants, and 11 shares through a trust.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge management's confidence in the company's prospects.
Stakeholder Impact
- The acquisition of shares by a company executive can be viewed positively by shareholders as it may indicate confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction: Acquisition of common stock. |
| 02/07/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, NTRS, Northern Trust Corp, David W. Fox Jr., Stock Acquisition, EVP, Chief Financial Officer
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