Form 4: Northern Trust Executive Teresa Parker Reports Stock Transactions

Teresa Parker, President of Asset Servicing at Northern Trust, reports the disposal of 1,757 shares for tax obligations and holdings of 89,450 shares of common stock.

Summary

• Teresa Parker, President of Asset Servicing at Northern Trust Corp, filed a Form 4 on February 25, 2025.
• The report details changes in her beneficial ownership of Northern Trust common stock.
• On February 21, 2025, 1,757 shares were disposed of at a price of $113.16 to cover Federal, State, and Medicare taxes related to the vesting of stock units.
• Following the transaction, Parker directly owns 89,450 shares of Northern Trust common stock, which includes 72,246 stock units payable on a 1-for-1 basis.
• She also indirectly owns 10,227.27 shares through a 401(k) as of December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a high-ranking executive at Northern Trust.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects an executive's personal financial management and tax obligations.

Key Dates