Form 4: Northern Trust EVP Jason J. Tyler Reports Changes in Beneficial Ownership

Jason J. Tyler, EVP & Chief Financial Officer of Northern Trust Corp, reports the disposition of 2,827 shares for tax obligations and the vesting of stock units.

Summary

• On March 1, 2024, Jason J. Tyler, EVP & Chief Financial Officer of Northern Trust Corp, reported a transaction involving the disposition of 2,827 shares of common stock to cover Federal, State, and Medicare taxes.
• This disposition occurred at a price of $81.9 per share.
• The transaction was related to the vesting of 6,379 previously reported stock units, with the remaining 3,552 shares distributed to Tyler as common stock.
• Following the reported transaction, Tyler beneficially owns 57,718 shares of Northern Trust Corp, which includes 22,611 stock units payable on a 1-for-1 basis in shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents a routine transaction related to stock vesting and tax obligations.

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 investor confidence.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine transaction.

Key Dates