STOCK TITAN

[Form 4] Northern Trust Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Northern Trust Corporation (NTRS) filed a Form 4 disclosing two small open-market purchases of the company’s common stock by director Chandra Dhandapani.

  • 06/30/2025: 266.95 shares acquired at $126.79 per share.
  • 07/01/2025: 15.53 shares acquired at $127.99 per share.

The transactions increased the director’s direct holdings from 4,551 shares (estimated) to 4,834.85 shares. The filing notes that the positions are held as stock units payable on a 1-for-1 basis in common stock, indicating participation in a deferred compensation or director equity plan rather than discretionary buying.

No derivative securities were reported. The aggregate value of the purchases is roughly $36,000, an immaterial amount relative to Northern Trust’s market capitalization. Nevertheless, insider purchases generally signal confidence and align directors’ interests with shareholders.

Northern Trust Corporation (NTRS) ha presentato un Modulo 4 che rivela due piccoli acquisti sul mercato aperto di azioni ordinarie della società da parte del direttore Chandra Dhandapani.

  • 30/06/2025: acquisizione di 266,95 azioni a $126,79 per azione.
  • 01/07/2025: acquisizione di 15,53 azioni a $127,99 per azione.

Le transazioni hanno aumentato la partecipazione diretta del direttore da circa 4.551 azioni a 4.834,85 azioni. Nel documento si specifica che le posizioni sono detenute come unità azionarie pagabili in base a un rapporto 1 a 1 in azioni ordinarie, indicando la partecipazione a un piano di compensazione differita o a un piano azionario per direttori, piuttosto che acquisti discrezionali.

Non sono stati segnalati titoli derivati. Il valore complessivo degli acquisti è di circa $36.000, una cifra irrilevante rispetto alla capitalizzazione di mercato di Northern Trust. Tuttavia, gli acquisti da parte degli insider generalmente indicano fiducia e allineano gli interessi dei direttori con quelli degli azionisti.

Northern Trust Corporation (NTRS) presentó un Formulario 4 que revela dos pequeñas compras en el mercado abierto de acciones comunes de la empresa por parte del director Chandra Dhandapani.

  • 30/06/2025: adquisición de 266,95 acciones a $126,79 por acción.
  • 01/07/2025: adquisición de 15,53 acciones a $127,99 por acción.

Las transacciones aumentaron la participación directa del director de aproximadamente 4.551 acciones a 4.834,85 acciones. La presentación señala que las posiciones se mantienen como unidades de acciones pagaderas a razón de 1 por 1 en acciones comunes, lo que indica participación en un plan de compensación diferida o en un plan de acciones para directores, en lugar de compras discrecionales.

No se reportaron valores derivados. El valor total de las compras es aproximadamente $36,000, una cantidad insignificante en relación con la capitalización de mercado de Northern Trust. Sin embargo, las compras internas generalmente señalan confianza y alinean los intereses de los directores con los de los accionistas.

Northern Trust Corporation (NTRS)는 이사 Chandra Dhandapani가 회사 보통주를 소규모로 공개 시장에서 매입한 내용을 담은 Form 4를 제출했습니다.

  • 2025년 6월 30일: 주당 $126.79에 266.95주 매입.
  • 2025년 7월 1일: 주당 $127.99에 15.53주 매입.

이번 거래로 이사의 직접 보유 주식 수가 약 4,551주에서 4,834.85주로 증가했습니다. 제출 서류에 따르면 이 지분은 1대1 비율로 지급되는 주식 단위로 보통주 형태이며, 이는 임의 매수가 아닌 이연 보상 또는 이사 주식 계획 참여를 나타냅니다.

파생 증권은 보고되지 않았습니다. 매입 총액은 약 $36,000로 Northern Trust의 시가총액에 비해 미미한 금액입니다. 그럼에도 내부자 매입은 일반적으로 신뢰를 나타내며 이사들의 이해관계를 주주와 일치시킵니다.

Northern Trust Corporation (NTRS) a déposé un formulaire 4 révélant deux petits achats en marché ouvert d’actions ordinaires de la société par le directeur Chandra Dhandapani.

  • 30/06/2025 : acquisition de 266,95 actions à 126,79 $ l’action.
  • 01/07/2025 : acquisition de 15,53 actions à 127,99 $ l’action.

Ces transactions ont porté la participation directe du directeur de 4 551 actions (estimées) à 4 834,85 actions. Le dépôt précise que les positions sont détenues sous forme d’unités d’actions payables au prorata 1 pour 1 en actions ordinaires, ce qui indique une participation à un plan de rémunération différée ou à un plan d’actions pour administrateurs plutôt qu’un achat discrétionnaire.

Aucun titre dérivé n’a été déclaré. La valeur totale des achats s’élève à environ 36 000 $, un montant négligeable par rapport à la capitalisation boursière de Northern Trust. Néanmoins, les achats d’initiés témoignent généralement de confiance et alignent les intérêts des administrateurs avec ceux des actionnaires.

Northern Trust Corporation (NTRS) hat ein Formular 4 eingereicht, das zwei kleine Käufe von Stammaktien des Unternehmens durch den Direktor Chandra Dhandapani am offenen Markt offenlegt.

  • 30.06.2025: Erwerb von 266,95 Aktien zu je $126,79.
  • 01.07.2025: Erwerb von 15,53 Aktien zu je $127,99.

Die Transaktionen erhöhten den direkten Aktienbestand des Direktors von geschätzten 4.551 Aktien auf 4.834,85 Aktien. Die Meldung weist darauf hin, dass die Positionen als Aktieneinheiten, die im Verhältnis 1:1 in Stammaktien ausgezahlt werden, gehalten werden, was auf die Teilnahme an einem aufgeschobenen Vergütungs- oder Direktoren-Aktienplan hinweist und keine diskretionären Käufe darstellt.

Es wurden keine Derivate gemeldet. Der Gesamtwert der Käufe beträgt etwa $36.000, ein unbedeutender Betrag im Vergleich zur Marktkapitalisierung von Northern Trust. Dennoch signalisieren Insider-Käufe in der Regel Vertrauen und stimmen die Interessen der Direktoren mit denen der Aktionäre ab.

Positive
  • Director increased ownership, reinforcing alignment of board and shareholders.
  • No shares were disposed; all reported transactions were acquisitions.
Negative
  • None.

Insights

TL;DR: Very small insider buy; marginally positive sentiment, immaterial to valuation.

The director’s purchase of ~282 shares over two days is financially insignificant (<0.001% of shares outstanding) but directionally positive. Because the units stem from an automatic stock-unit program, the signal strength is weaker than discretionary open-market buys. I classify the filing as neutral-to-slightly positive; it does not change earnings outlook, capital ratios, or strategic trajectory.

TL;DR: Routine equity grant increases board alignment; no governance red flags.

The acquisition appears to be part of Northern Trust’s standard director compensation structure. Such automatic grants promote alignment without raising dilution or conflict-of-interest concerns. There is no indication of 10b5-1 plan abuse, and the modest value suggests non-material governance impact.

Northern Trust Corporation (NTRS) ha presentato un Modulo 4 che rivela due piccoli acquisti sul mercato aperto di azioni ordinarie della società da parte del direttore Chandra Dhandapani.

  • 30/06/2025: acquisizione di 266,95 azioni a $126,79 per azione.
  • 01/07/2025: acquisizione di 15,53 azioni a $127,99 per azione.

Le transazioni hanno aumentato la partecipazione diretta del direttore da circa 4.551 azioni a 4.834,85 azioni. Nel documento si specifica che le posizioni sono detenute come unità azionarie pagabili in base a un rapporto 1 a 1 in azioni ordinarie, indicando la partecipazione a un piano di compensazione differita o a un piano azionario per direttori, piuttosto che acquisti discrezionali.

Non sono stati segnalati titoli derivati. Il valore complessivo degli acquisti è di circa $36.000, una cifra irrilevante rispetto alla capitalizzazione di mercato di Northern Trust. Tuttavia, gli acquisti da parte degli insider generalmente indicano fiducia e allineano gli interessi dei direttori con quelli degli azionisti.

Northern Trust Corporation (NTRS) presentó un Formulario 4 que revela dos pequeñas compras en el mercado abierto de acciones comunes de la empresa por parte del director Chandra Dhandapani.

  • 30/06/2025: adquisición de 266,95 acciones a $126,79 por acción.
  • 01/07/2025: adquisición de 15,53 acciones a $127,99 por acción.

Las transacciones aumentaron la participación directa del director de aproximadamente 4.551 acciones a 4.834,85 acciones. La presentación señala que las posiciones se mantienen como unidades de acciones pagaderas a razón de 1 por 1 en acciones comunes, lo que indica participación en un plan de compensación diferida o en un plan de acciones para directores, en lugar de compras discrecionales.

No se reportaron valores derivados. El valor total de las compras es aproximadamente $36,000, una cantidad insignificante en relación con la capitalización de mercado de Northern Trust. Sin embargo, las compras internas generalmente señalan confianza y alinean los intereses de los directores con los de los accionistas.

Northern Trust Corporation (NTRS)는 이사 Chandra Dhandapani가 회사 보통주를 소규모로 공개 시장에서 매입한 내용을 담은 Form 4를 제출했습니다.

  • 2025년 6월 30일: 주당 $126.79에 266.95주 매입.
  • 2025년 7월 1일: 주당 $127.99에 15.53주 매입.

이번 거래로 이사의 직접 보유 주식 수가 약 4,551주에서 4,834.85주로 증가했습니다. 제출 서류에 따르면 이 지분은 1대1 비율로 지급되는 주식 단위로 보통주 형태이며, 이는 임의 매수가 아닌 이연 보상 또는 이사 주식 계획 참여를 나타냅니다.

파생 증권은 보고되지 않았습니다. 매입 총액은 약 $36,000로 Northern Trust의 시가총액에 비해 미미한 금액입니다. 그럼에도 내부자 매입은 일반적으로 신뢰를 나타내며 이사들의 이해관계를 주주와 일치시킵니다.

Northern Trust Corporation (NTRS) a déposé un formulaire 4 révélant deux petits achats en marché ouvert d’actions ordinaires de la société par le directeur Chandra Dhandapani.

  • 30/06/2025 : acquisition de 266,95 actions à 126,79 $ l’action.
  • 01/07/2025 : acquisition de 15,53 actions à 127,99 $ l’action.

Ces transactions ont porté la participation directe du directeur de 4 551 actions (estimées) à 4 834,85 actions. Le dépôt précise que les positions sont détenues sous forme d’unités d’actions payables au prorata 1 pour 1 en actions ordinaires, ce qui indique une participation à un plan de rémunération différée ou à un plan d’actions pour administrateurs plutôt qu’un achat discrétionnaire.

Aucun titre dérivé n’a été déclaré. La valeur totale des achats s’élève à environ 36 000 $, un montant négligeable par rapport à la capitalisation boursière de Northern Trust. Néanmoins, les achats d’initiés témoignent généralement de confiance et alignent les intérêts des administrateurs avec ceux des actionnaires.

Northern Trust Corporation (NTRS) hat ein Formular 4 eingereicht, das zwei kleine Käufe von Stammaktien des Unternehmens durch den Direktor Chandra Dhandapani am offenen Markt offenlegt.

  • 30.06.2025: Erwerb von 266,95 Aktien zu je $126,79.
  • 01.07.2025: Erwerb von 15,53 Aktien zu je $127,99.

Die Transaktionen erhöhten den direkten Aktienbestand des Direktors von geschätzten 4.551 Aktien auf 4.834,85 Aktien. Die Meldung weist darauf hin, dass die Positionen als Aktieneinheiten, die im Verhältnis 1:1 in Stammaktien ausgezahlt werden, gehalten werden, was auf die Teilnahme an einem aufgeschobenen Vergütungs- oder Direktoren-Aktienplan hinweist und keine diskretionären Käufe darstellt.

Es wurden keine Derivate gemeldet. Der Gesamtwert der Käufe beträgt etwa $36.000, ein unbedeutender Betrag im Vergleich zur Marktkapitalisierung von Northern Trust. Dennoch signalisieren Insider-Käufe in der Regel Vertrauen und stimmen die Interessen der Direktoren mit denen der Aktionäre ab.

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*
Dhandapani Chandra

(Last) (First) (Middle)
50 SOUTH LASALLE ST

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
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 06/30/2025 A 266.95 A $126.79 4,819.32(1) D
Common Stock 07/01/2025 A 15.53 A $127.99 4,834.85(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. Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
Remarks:
David A. Serna, Attorney-in-Fact for Chandra Dhandapani 07/02/2025
** 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.

FAQ

How many Northern Trust (NTRS) shares did Director Chandra Dhandapani buy?

A total of 282.48 shares were acquired across two transactions.

What prices were paid for the NTRS shares?

Shares were bought at $126.79 on 06/30/25 and $127.99 on 07/01/25.

Does the Form 4 show any stock sales by the director?

No. All reported transactions were acquisitions; no disposals were recorded.

Are these purchases part of a 10b5-1 trading plan?

The filing does not indicate use of a Rule 10b5-1 plan; the units appear to be automatic director compensation.

How many NTRS shares does the director now beneficially own?

Post-transaction holdings stand at 4,834.85 shares.

Is the transaction material to Northern Trust’s valuation?

No. The ~$36k purchase is immaterial relative to the company’s multibillion-dollar market cap.
Northern Trust

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