Form 4: Northern Trust Executive Jason J. Tyler Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Jason J. Tyler, President of Wealth Management at Northern Trust, reported disposing of 3,718 shares of common stock to cover tax obligations upon the vesting of stock units.

Summary

  • On March 1, 2025, Jason J. Tyler, President of Wealth Management at Northern Trust Corp, disposed of 3,718 shares of common stock.
  • The shares were disposed of to cover Federal, State, and Medicare taxes related to the vesting of 8,389 previously reported stock units.
  • The transaction was executed at a price of $110.27 per share.
  • Following the transaction, Tyler directly owns 72,509 shares of Northern Trust common stock, which includes 21,580 stock units payable on a 1-for-1 basis.
  • The remaining 4,671 shares from the vesting were distributed to Tyler as common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, and does not indicate any significant positive or negative sentiment.

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, which is a common occurrence among corporate executives.

Key Dates

DateDescription
03/01/2025Date of stock disposal transaction.
03/04/2025Date of signature on the Form 4 filing.

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