Form 4: Northern Trust EVP David W. Fox, Jr. Reports Stock Disposal for Tax Obligations

David W. Fox, Jr., EVP & Chief Financial Officer of Northern Trust Corp, reports disposing of 2,318 shares of common stock to cover tax obligations arising from vesting stock units.

Summary

• On March 1, 2025, David W. Fox, Jr., EVP & Chief Financial Officer of Northern Trust Corp, disposed of 2,318 shares of common stock.
• The disposal was to cover Federal, State, and Medicare taxes upon the vesting of 5,710 previously reported stock units.
• After the transaction, Fox directly owns 19,075 shares of common stock.
• Fox also indirectly owns 40,636 shares through a trust where he is the trustee and has investment control.
• Additionally, Fox indirectly owns 5,000 shares through a trust for the benefit of himself and his descendants, where he is also the trustee with investment control.
• He also indirectly owns 11 shares by trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates