Form 4: Northern Trust Executive Alexandria Taylor Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Alexandria Taylor, Chief Administrative Officer of Northern Trust Corp, reports disposing of 1,001 shares of common stock to cover tax obligations upon vesting of stock units.

Summary

  • On March 1, 2025, Alexandria Taylor, Chief Administrative Officer of Northern Trust Corp, disposed of 1,001 shares of common stock.
  • The shares were disposed of to cover Federal, State, and Medicare taxes upon the vesting of 2,616 previously reported stock units.
  • The price per share was $110.27.
  • Following the transaction, Taylor beneficially owns 43,882.536 shares of Northern Trust Corp common stock, which includes 30,787 stock units payable on a 1-for-1 basis.
  • The remaining 1,615 shares from the vesting were distributed to Taylor as common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates a standard practice of covering tax liabilities through stock disposal.

Key Dates

DateDescription
03/01/2025Date of stock disposal transaction.
03/04/2025Date of signature by Attorney-in-Fact.

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