Form 4: Northern Trust Executive Kelley Conway Reports Stock Transactions
SEC Form 4
Executive Vice President Kelley Conway of Northern Trust Corp. reports the acquisition and disposal of company stock, including shares withheld for tax obligations.
Summary
- Kelley Conway, an Executive Vice President at Northern Trust Corp., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 18, 2025, Conway acquired 828 shares of common stock at $0 and disposed of 243 shares at $112.69.
- On March 1, 2025, Conway disposed of 1,007 shares at $110.27 to cover tax obligations related to vesting stock units.
- Following these transactions, Conway directly owns 12,713 shares of Northern Trust common stock, which includes stock units payable on a 1-for-1 basis.
- The filing was signed by David A. Serna, Attorney-in-Fact for Kelley Conway, on March 4, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine stock activity by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Acquisition of 828 common stock shares and disposal of 243 common stock shares. |
| 03/01/2025 | Disposal of 1,007 common stock shares for tax obligations. |
| 03/04/2025 | Date of Form 4 signature by David A. Serna, Attorney-in-Fact. |
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