Michael O'Grady - 24 Jan 2024 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Chairman and CEO, Director
Signature
Bradley R. Gabriel, Attorney-In-Fact for Michael G. O'Grady
Issuer symbol
NTRS
Transactions as of
24 Jan 2024
Net transactions value
-$154,686
Form type
4
Filing time
26 Jan 2024, 17:02:18 UTC
Previous filing
26 Jan 2024
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Options Exercise $1,500,013 +24,651 +11% $60.85 244,430 24 Jan 2024 By Trust
transaction NTRS Common Stock Tax liability $1,654,700 -20,333 -8.3% $81.38 224,097 24 Jan 2024 By Trust
holding NTRS Common Stock 66,659 24 Jan 2024 Direct F1
holding NTRS Common Stock 6,755 24 Jan 2024 2022 GRAT
holding NTRS Common Stock 16,866 24 Jan 2024 2023 GRAT
holding NTRS Common Stock 5,459 24 Jan 2024 By Trust fbo Child 1 F2
holding NTRS Common Stock 5,460 24 Jan 2024 By Trust fbo Child 2 F2
holding NTRS Common Stock 5,460 24 Jan 2024 By Trust fbo Child 3 F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTRS Employee Stock Option (right-to-buy) Options Exercise $0 -24,651 -100% $0.000000* 0 24 Jan 2024 Common Stock 24,651 $60.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 The reporting person's spouse is trustee of this trust.
F3 This option became exercisable in four equal annual installments beginning on February 10, 2015.