Form 4: Northern Trust Executive Vice President Mark C. Gossett Reports Stock Disposal for Tax Obligations

Mark C. Gossett, an Executive Vice President at Northern Trust Corporation, reported the disposal of 2,667 shares of common stock to cover tax obligations upon the vesting of stock units.

Summary

• On March 1, 2025, Mark C. Gossett, an Executive Vice President of Northern Trust Corporation, disposed of 2,667 shares of common stock.
• The disposal was related to the withholding of shares for Federal, State, and Medicare taxes upon the vesting of 6,352 previously reported stock units.
• The price per share for the transaction was $110.27.
• Following the transaction, Gossett directly owns 39,817 shares of Northern Trust common stock, which includes 15,266 stock units payable on a 1-for-1 basis.
• Gossett also indirectly owns 2,841.4 shares through a 401(k) plan as of December 31, 2024.

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 Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for executives holding company stock. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes by an executive.

Key Dates