Form 4: Northern Trust Executive Vice President Jane Karpinski Sells Shares

Sentiment:

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

DateDescription
12-31-2024Employee Share Ownership Plan as of this date
02/03/2025Date of stock sale transaction
02/04/2025Date of signature by Attorney-in-Fact

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