Form 4: Northern Trust Executive Vice President Thomas A. South Reports Stock Disposal

Executive Vice President of Northern Trust Corporation, Thomas A. South, reports the disposal of 600 shares of common stock via a gift.

Summary

• Thomas A. South, an Executive Vice President at Northern Trust Corporation, filed a Form 4 with the SEC.
• The filing reports a transaction on April 23, 2024, where 600 shares of Northern Trust common stock were disposed of as a gift.
• Following the transaction, South directly owns 55,256 shares of common stock.
• South also indirectly owns 3,298.75 shares through a 401(k) as of March 31, 2024.
• The reported direct holdings include 20,958 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 routine regulatory filing, and the transaction itself (a gift of shares) doesn't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a gift of shares by an executive, which is a common occurrence.

Key Dates