Form 4: Northern Trust Executive Daniel Gamba Reports Acquisition of Common Stock
SEC Form 4 Filing
Daniel Gamba, President of Asset Management at Northern Trust Corp, reports acquiring 8,819 shares of common stock on February 5, 2025.
Summary
- Daniel Gamba, President / Asset Management at Northern Trust Corp, filed a Form 4 on February 7, 2025.
- The report indicates that Mr. Gamba acquired 8,819 shares of Northern Trust Corp common stock on February 5, 2025, at a price of $0.
- Following the transaction, Mr. Gamba beneficially owns 69,209 shares of common stock, which includes 61,590 stock units payable on a 1-for-1 basis in shares of the Corporation's common stock.
- The filing was signed by David A. Serna, Attorney-in-Fact for Daniel Gamba.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing. The acquisition itself could be seen as slightly positive, but the filing is primarily informational.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a company executive can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction: Acquisition of common stock. |
| 02/07/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Acquisition, Northern Trust, NTRS, Daniel Gamba, Asset Management
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