Form 4: Northern Trust Executive Thomas A. South Reports Stock Disposal

Executive Vice President Thomas A. South reports the disposal of 500 shares of Northern Trust Corp common stock via a gift.

Summary

• Thomas A. South, an Executive Vice President at Northern Trust Corp, filed a Form 4 with the SEC.
• The report details a transaction on October 28, 2024, where 500 shares of common stock were disposed of as a gift.
• The price per share for the disposal was $0.
• Following the transaction, South directly owns 54,756 shares of common stock.
• South also indirectly owns 3,848.39 shares through a 401(k) as of September 30, 2024.
• Additionally, South holds 20,958 stock units payable in shares of common stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely negligible.

Key Dates