Steven L. Fradkin - 21 Feb 2023 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
President/Wealth Management
Signature
Bradley R. Gabriel, Attorney-in-Fact for Steven L. Fradkin
Issuer symbol
NTRS
Transactions as of
21 Feb 2023
Net transactions value
-$477,856
Form type
4
Filing time
23 Feb 2023, 18:51:38 UTC
Previous filing
07 Dec 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Award $0 +14,844 +35% $0.000000 57,094 21 Feb 2023 Direct F1
transaction NTRS Common Stock Tax liability $477,856 -5,046 -11% $94.70 42,250 21 Feb 2023 Direct F1, F2
transaction NTRS Common Stock Award $0 +11,472 +27% $0.000000 53,722 22 Feb 2023 Direct F3
holding NTRS Common Stock 99,485 21 Feb 2023 By Trust F2, F4
holding NTRS Common Stock 42,432 21 Feb 2023 Gift Trust F5
holding NTRS Common Stock 46,750 21 Feb 2023 2022 GRAT F4
holding NTRS Common Stock 1,762 21 Feb 2023 Spouse as trustee for Daughter
holding NTRS Common Stock 1,762 21 Feb 2023 Spouse as trustee for Son
holding NTRS Common Stock 11,380 21 Feb 2023 401(k) as of 12-31-2022
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 42,250 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 Reflects the transfer of 9,798 shares directly held by the reporting person into the reporting person's existing trust account.
F3 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F4 Reflects the May 26, 2022 transfer of 46,750 shares of the Corporation's common stock into a newly created grantor retained annuity trust.
F5 The reporting person's spouse is trustee of this trust.