Form 4: Northern Trust Executive Vice President Jane Karpinski Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Jane Karpinski of Northern Trust Corp reports the disposition of 1,168 shares of common stock to cover tax obligations.
Summary
- On March 1, 2025, Jane Karpinski, an Executive Vice President at Northern Trust Corp, reported a transaction involving the disposition of 1,168 shares of common stock.
- The shares were disposed of at a price of $110.27 to cover Federal, State, and Medicare taxes upon the vesting of 2,490 previously reported stock units.
- Following the transaction, Karpinski directly owns 27,911 shares of Northern Trust common stock and indirectly owns 87 shares through an Employee Share Ownership Plan as of December 31, 2024.
- The report also clarifies that 21,666 of the directly owned shares are stock units payable on a 1-for-1 basis in shares of the Corporation's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 12-31-2024 | Employee Share Ownership Plan as of this date |
| 03/01/2025 | Date of transaction (disposal of shares) |
| 03/04/2025 | Date of signature by Attorney-in-Fact |
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