Steven L. Fradkin - 21 Feb 2024 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 2024
Net transactions value
-$664,369
Form type
4
Filing time
23 Feb 2024, 16:49:35 UTC
Previous filing
22 Feb 2024
Next filing
05 Mar 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 Award $0 +11,731 +27% $0.000000 55,707 21 Feb 2024 Direct F1
transaction NTRS Common Stock Options Exercise $1,770,334 +30,392 +55% $58.25 86,099 22 Feb 2024 Direct F1
transaction NTRS Common Stock Sale $2,434,703 -30,392 -35% $80.11 55,707 22 Feb 2024 Direct F1, F2
holding NTRS Common Stock 139,200 21 Feb 2024 By Trust
holding NTRS Common Stock 52,347 21 Feb 2024 Gift Trust F3
holding NTRS Common Stock 13,725 21 Feb 2024 2022 GRAT
holding NTRS Common Stock 1,762 21 Feb 2024 Spouse as trustee for Daughter
holding NTRS Common Stock 1,762 21 Feb 2024 Spouse as trustee for Son
holding NTRS Common Stock 11,833 21 Feb 2024 401(k) as of 12-31-2023

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 -30,392 -88% $0.000000 4,097 22 Feb 2024 Common Stock 30,392 $58.25 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 55,707 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 Price reflects the weighted average sales price from $80.00 to $80.42. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F3 The reporting person's spouse is trustee of this trust.
F4 This option became exercisable in four equal annual installments beginning on February 16, 2017.