Northern Trust director granted additional stock units
Harrison Dean M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Harrison Dean M reported acquisition or exercise transactions in this Form 4 filing.
NORTHERN TRUST CORP director Dean M. Harrison reported stock-based awards of common stock. On June 30, he received 258.86 shares of common stock at a reference price of $173.84, bringing his direct holdings to 34,773.73 shares.
On July 1, he received an additional 130.96 shares at a reference price of $175.60, increasing direct ownership to 34,904.69 shares. The filing also shows 47 shares held indirectly through an LLC and 1,000 shares held indirectly through a trust. A footnote describes the awards as stock units payable on a 1-for-1 basis in Northern Trust common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 389.82 shares
Grant/Award
4 txns
Insider
Harrison Dean M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 130.96 | $175.60 | $23K |
| Grant/Award | Common Stock | 258.86 | $173.84 | $45K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,904.69 shares (Direct);
Common Stock — 1,000 shares (Indirect, By Trust);
Common Stock — 47 shares (Indirect, By LLC)
Footnotes (1)
- F1. Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
Key Figures
Grant on June 30: 258.86 shares at $173.84
Grant on July 1: 130.96 shares at $175.60
Direct holdings after July 1: 34,904.69 shares
+3 more
6 metrics
Grant on June 30
258.86 shares at $173.84
Common Stock grant/award acquisition on June 30
Grant on July 1
130.96 shares at $175.60
Common Stock grant/award acquisition on July 1
Direct holdings after July 1
34,904.69 shares
Direct ownership of Northern Trust common stock
Indirect LLC holdings
47 shares
Indirect ownership classified as By LLC
Indirect trust holdings
1,000 shares
Indirect ownership classified as By Trust
Transaction count (acquisitions)
2 grant/award acquisitions
Non-derivative stock-based awards reported
Key Terms
Common Stock, Grant, award, or other acquisition, stock units, indirect ownership
4 terms
Common Stock financial
"security_title: "Common Stock" for all reported entries"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
stock units financial
"Represents stock units payable automatically on a 1-for-1 basis in shares"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership "By LLC" and "By Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Dean M. Harrison report in this Northern Trust (NTRS) Form 4?
Dean M. Harrison reported receiving stock-based awards of Northern Trust common stock. The filing shows two grant-type acquisitions that increased his direct share ownership and confirms additional indirect holdings through an LLC and a trust.
What are Dean M. Harrison’s direct Northern Trust (NTRS) holdings after the Form 4 transactions?
After the reported grants, Harrison directly holds 34,904.69 shares of Northern Trust common stock. This reflects the cumulative effect of the June 30 and July 1 stock-based award entries disclosed in the Form 4 filing.
What indirect Northern Trust (NTRS) holdings are disclosed for Dean M. Harrison?
The Form 4 shows 47 shares of Northern Trust common stock held indirectly through an LLC and 1,000 shares held indirectly through a trust. These indirect positions are reported separately from Harrison’s direct share ownership.
Are the Northern Trust (NTRS) transactions open-market buys or compensation grants?
The transactions are classified as grant or award acquisitions, not open-market purchases. A footnote explains they are stock units automatically payable on a 1-for-1 basis in Northern Trust common stock, indicating compensation-related awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
