Form 4: Northern Trust Executive Vice President Thomas A. South Sells 5,000 Shares

Thomas A. South, an Executive Vice President at Northern Trust Corp, sold 5,000 shares of common stock at an average price of $105.80 on November 7, 2024.

Summary

• On November 7, 2024, Thomas A. South, an Executive Vice President of Northern Trust Corp, sold 5,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $105.80, with individual prices ranging from $105.49 to $106.10.
• Following the transaction, South directly owns 49,756 shares of Northern Trust common stock.
• South also indirectly owns 3,848.39 shares through a 401(k) plan as of September 30, 2024.
• The directly held shares 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: This is a neutral disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the buying and selling of company stock by its leadership.

Stakeholder Impact

• The sale of shares by an executive may be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.

Key Dates