4/A: Northern Trust Executive Vice President Corrects Stock Unit Grant in Amended SEC Filing

Sentiment:

SEC Filing Amendment


Jane Karpinski, Executive Vice President of Northern Trust Corp, files an amendment to a previous Form 4 to correct the number of stock units granted.

Summary

  • Jane Karpinski, an Executive Vice President at Northern Trust Corp, filed an amended Form 4 with the SEC.
  • The amendment corrects an error in the original filing from February 23, 2024, which incorrectly reported a grant of 11,672 stock units.
  • The corrected filing shows that Karpinski was actually granted 10,140 stock units on February 21, 2024.
  • Following the reported transaction, Karpinski beneficially owns 25,353 shares of common stock, including 18,002 stock units payable on a 1-for-1 basis in shares of the Corporation's common stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. The sentiment is neutral as it addresses an error rather than reflecting positive or negative performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies like Northern Trust.

Key Dates

DateDescription
02/21/2024Date of the stock unit grant.
02/23/2024Date of the original Form 4 filing with the incorrect information.
03/05/2024Date of the amended Form 4/A filing.

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