Form 4: Northern Trust Executive Alexandria Taylor Reports Stock Disposal for Tax Obligations
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
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction. |
| 03/04/2025 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.