Form 4: Northern Trust EVP David W. Fox, Jr. Sells Shares

Sentiment:

SEC Form 4 Filing


David W. Fox, Jr., EVP & Chief Financial Officer of Northern Trust Corp, sold 5,076 shares of common stock on May 12, 2025.

Summary

  • On May 12, 2025, David W. Fox, Jr., the EVP & Chief Financial Officer of Northern Trust Corp, sold 5,076 shares of common stock.
  • The sale was executed at a price of $105.55 per share.
  • Following the transaction, Fox directly owns 13,999 shares of Northern Trust common stock.
  • Fox also indirectly owns 40,636 shares through a trust, 5,000 shares through another trust for the benefit of himself and his descendants, and 11 shares through another trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by an insider. It's neutral in sentiment as it simply reports facts.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.

Key Dates

DateDescription
05/12/2025Date of the stock sale transaction
05/13/2025Date of signature by Attorney-in-Fact

Keywords

Northern Trust Corp, David W. Fox Jr, stock sale, NTRS, Form 4, beneficial ownership, executive compensation

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