Steven L. Fradkin - 25 Oct 2024 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Vice Chairman
Signature
David A. Serna, Attorney-in-Fact for Steven L. Fradkin
Issuer symbol
NTRS
Transactions as of
25 Oct 2024
Net transactions value
-$346,759
Form type
4
Filing time
29 Oct 2024, 19:11:12 UTC
Previous filing
03 May 2024
Next filing
03 Dec 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 $2,454,584 +27,874 +60% $88.06 73,952 25 Oct 2024 Direct F1
transaction NTRS Common Stock Sale $2,770,082 -27,563 -37% $100.50 46,389 25 Oct 2024 Direct F1
transaction NTRS Common Stock Sale $31,262 -311 -0.67% $100.52 46,078 25 Oct 2024 Direct F1
holding NTRS Common Stock 158,512 25 Oct 2024 By Trust F2
holding NTRS Common Stock 52,347 25 Oct 2024 Gift Trust F3
holding NTRS Common Stock 0 25 Oct 2024 2022 GRAT F2
holding NTRS Common Stock 1,762 25 Oct 2024 Spouse as trustee for Daughter
holding NTRS Common Stock 1,762 25 Oct 2024 Spouse as trustee for Son
holding NTRS Common Stock 12,138 25 Oct 2024 401(k) as of 9-30-2024

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 -27,874 -100% $0.000000 0 25 Oct 2024 Common Stock 27,874 $88.06 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 46,078 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 On May 30, 2024, the reporting person's grantor retained annuity trust ("GRAT") distributed 13,725 shares of the Corporation's common stock to the reporting person's existing revocable trust as a final annuity payment in accordance with the terms of the GRAT instrument.
F3 The reporting person's spouse is trustee of this trust.
F4 This option became exercisable in four equal annual installments beginning 2/21/2018.