Form 4: Northern Trust Executive Vice President Jane Karpinski Sells Shares
SEC Form 4 Filing
Executive Vice President of Northern Trust Corp, Jane Karpinski, sold 2,262 shares of common stock at an average price of $111.33 on February 3, 2025.
Summary
- Jane Karpinski, an Executive Vice President at Northern Trust Corp, sold 2,262 shares of common stock on February 3, 2025.
- The sale was executed at a weighted average price of $111.33, with individual prices ranging from $111.28 to $111.39.
- Following the transaction, Karpinski directly owns 17,236 shares of Northern Trust Corp.
- She also indirectly owns 87 shares through an Employee Share Ownership Plan as of December 31, 2024.
- The reported direct ownership includes 14,701 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 neutral regulatory filing, reflecting a routine transaction. There is no inherent positive or negative sentiment associated with the information.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- Similar filings are made by executives at companies like JP Morgan Chase, Bank of America, and Goldman Sachs when they trade their company's stock.
- The level of detail provided in this filing is consistent with SEC requirements and industry norms.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 12-31-2024 | Employee Share Ownership Plan as of this date |
| 02/03/2025 | Date of stock sale transaction |
| 02/04/2025 | Date of signature by Attorney-in-Fact |
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