Form 4: Northern Trust Executive Thomas A. South Reports Stock Transactions
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
| Date | Description |
|---|---|
| 12-31-2024 | Date of 401(k) holdings |
| 02/18/2025 | Date of stock acquisition and disposal |
| 02/19/2025 | Date of stock sale |
| 02/20/2025 | Date of signature |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Northern Trust Corp, NTRS, Executive Vice President, Thomas A. South
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