Steven L. Fradkin - Feb 21, 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
Stock symbol
NTRS
Transactions as of
Feb 21, 2023
Transactions value $
-$477,856
Form type
4
Date filed
2/23/2023, 06:51 PM
Previous filing
Dec 7, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Award $0 +14.8K +35.13% $0.00 57.1K Feb 21, 2023 Direct F1
transaction NTRS Common Stock Tax liability -$478K -5.05K -10.67% $94.70 42.3K Feb 21, 2023 Direct F1, F2
transaction NTRS Common Stock Award $0 +11.5K +27.15% $0.00 53.7K Feb 22, 2023 Direct F3
holding NTRS Common Stock 99.5K Feb 21, 2023 By Trust F2, F4
holding NTRS Common Stock 42.4K Feb 21, 2023 Gift Trust F5
holding NTRS Common Stock 46.8K Feb 21, 2023 2022 GRAT F4
holding NTRS Common Stock 1.76K Feb 21, 2023 Spouse as trustee for Daughter
holding NTRS Common Stock 1.76K Feb 21, 2023 Spouse as trustee for Son
holding NTRS Common Stock 11.4K Feb 21, 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.