Form 4: Northern Trust EVP David W. Fox, Jr. Sells Shares
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
| Date | Description |
|---|---|
| 05/12/2025 | Date of the stock sale transaction |
| 05/13/2025 | Date 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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