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

Sentiment:

SEC Form 4


Executive Vice President Thomas A. South reports acquisition and disposal of Northern Trust Corp (NTRS) stock, including shares from 401(k) and sales on the open market.

Summary

  • Thomas A. South, an Executive Vice President at Northern Trust Corp (NTRS), filed a Form 4 detailing changes in beneficial ownership.
  • On February 18, 2025, South acquired 18,190 shares of common stock at $0 and disposed of 7,347 shares at $112.69.
  • On February 19, 2025, South sold 3,804 shares at $113.
  • Following these transactions, South directly owns 81,794 shares of common stock and indirectly owns 3,874.33 shares through a 401(k) as of December 31, 2024.
  • The directly owned shares include 41,849 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
  • The transactions do not appear to have any impact on employees, customers, suppliers or creditors.

Key Dates

DateDescription
12-31-2024Date of 401(k) holdings
02/18/2025Date of stock acquisition and disposal
02/19/2025Date of stock sale
02/20/2025Date of signature

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Northern Trust Corp, NTRS, Executive Vice President, Thomas A. South

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