NTRS executive granted 4,527 shares at $0

Northern Trust Corporation executive Michael Hunstad reported an acquisition of company stock.

Rhea-AI Filing Summary

Northern Trust Corporation executive Michael Hunstad reported an acquisition of company stock. On 02/05/2026, he acquired 4,527 shares of Northern Trust common stock at a price of $0 per share, bringing his beneficially owned total to 29,712 shares held directly.

A large portion of this reported ownership consists of stock units. The total includes 28,795 stock units that are payable automatically on a 1-for-1 basis in shares of Northern Trust’s common stock, meaning these units are structured to convert into the same number of common shares.

Insider Trade Summary

Grant/Award: 4,527 shares

Grant/Award 1 txn

Insider Hunstad Michael

Role President/Asset Management

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,527	$0.00	$0.00

Holdings After Transaction: Common Stock — 29,712 shares (Direct)

Footnotes (1)

1. F1. Includes 28,795 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NTRS executive Michael Hunstad report?

Michael Hunstad reported acquiring 4,527 shares of Northern Trust common stock. The transaction occurred on 02/05/2026 at a price of $0 per share, increasing his directly held beneficial ownership to a reported total of 29,712 shares in the company.

What is Michael Hunstad’s role at Northern Trust (NTRS)?

Michael Hunstad is an officer of Northern Trust, serving as President/Asset Management. His Form 4 filing reflects a transaction in the company’s common stock and shows his status as an executive rather than a director or 10% beneficial owner of the issuer.

How many Northern Trust (NTRS) shares does Michael Hunstad now beneficially own?

After the reported transaction, Michael Hunstad beneficially owns 29,712 shares of Northern Trust common stock. This reported figure includes both directly held shares and 28,795 stock units that are payable automatically on a 1-for-1 basis in shares of common stock.

At what price were the 4,527 Northern Trust (NTRS) shares acquired?

The 4,527 Northern Trust common shares were reported as acquired at a price of $0 per share. This indicates no cash consideration was paid per share in the transaction as disclosed, a detail often seen in equity-based awards or similar grants.

What are the 28,795 stock units reported by Northern Trust (NTRS) executive Michael Hunstad?

The filing notes that 28,795 stock units are included in Hunstad’s beneficial ownership. These units are payable automatically on a 1-for-1 basis in Northern Trust common stock, meaning each unit is structured to settle in one share when paid out.

Is Michael Hunstad’s Northern Trust (NTRS) ownership direct or indirect?

The Form 4 indicates that Michael Hunstad’s 29,712 beneficially owned shares, including the related stock units, are held with direct ownership. The ownership form is marked as “D” for direct, and no indirect holding entity is listed in the provided disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/09/2026 - 07:17 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hunstad Michael

(Last) (First) (Middle)

50 SOUTH LASALLE STREET

(Street)

CHICAGO IL 60603

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NORTHERN TRUST CORP [ NTRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President/Asset Management

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/05/2026		A		4,527	A	$0	29,712(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 28,795 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.

Remarks:

	Michael Rouvina, Attorney-in-Fact for Michael Hunstad	02/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.