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

Executive Vice President Thomas A. South of Northern Trust Corp. reports the disposal of shares to cover tax obligations upon vesting of stock units.

Summary

• On March 1, 2025, Thomas A. South, an Executive Vice President at Northern Trust Corp., reported a transaction involving the company's common stock.
• Specifically, 3,203 shares were disposed of at a price of $110.27 to cover Federal, State, and Medicare taxes related to the vesting of 7,629 previously reported stock units.
• Following the transaction, South directly owns 78,591 shares of common stock, which includes 34,220 stock units payable on a 1-for-1 basis.
• Additionally, South indirectly owns 3,874.33 shares through a 401(k) as of December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine stock transaction. 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 that an executive disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it represents a small percentage of the total outstanding shares.

Key Dates