Form 4: Northern Trust Executive Alexandria Taylor Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Alexandria Taylor, Chief Human Resources Officer at Northern Trust, disposed of 205 shares of common stock to cover tax obligations upon vesting of stock units.
Summary
- On March 1, 2024, Alexandria Taylor, Chief Human Resources Officer of Northern Trust Corp, disposed of 205 shares of common stock to cover Federal, State, and Medicare taxes.
- The shares were withheld at a price of $81.9 per share.
- Following the transaction, Taylor directly owns 42,022.536 shares of Northern Trust common stock, which includes 35,648 stock units payable on a 1-for-1 basis.
- The transaction was reported on March 5, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't indicate any positive or negative sentiment about the company's performance.
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 tax-related stock disposal, common among executives receiving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock disposal transaction. |
| 03/05/2024 | Date of Form 4 filing. |
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