Steven L. Fradkin - 05 Dec 2023 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Signature
Bradley R. Gabriel, Attorney-in-Fact for Steven L. Fradkin
Issuer symbol
NTRS
Transactions as of
05 Dec 2023
Net transactions value
-$37,367
Form type
4
Filing time
07 Dec 2023, 18:39:56 UTC
Previous filing
03 Mar 2023
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Tax liability $37,367 -465 -1% $80.36 43,976 05 Dec 2023 Direct F1, F2
holding NTRS Common Stock 126,451 05 Dec 2023 By Trust F3, F4
holding NTRS Common Stock 52,347 05 Dec 2023 Gift Trust F3, F5
holding NTRS Common Stock 13,725 05 Dec 2023 2022 GRAT F4
holding NTRS Common Stock 1,762 05 Dec 2023 Spouse as trustee for Daughter
holding NTRS Common Stock 1,762 05 Dec 2023 Spouse as trustee for Son
holding NTRS Common Stock 11,741 05 Dec 2023 401(k) as of 9-30-2023
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations related to previously reported stock units.
F2 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F3 Reflects the March 13, 2023 transfer of 9,915 shares held by the reporting person in a trust account into the reporting person's Gift Trust account.
F4 Reflects the May 31, 2023 distribution of 33,025 shares from the reporting person's grantor retained annuity trust ("GRAT") to the reporting person's existing trust as an annuity payment in accordance with the terms of the GRAT instrument.
F5 The reporting person's spouse is trustee of this trust.