Director at Northern Trust (NTRS) receives new stock unit awards

Q: What insider activity did Northern Trust (NTRS) report for Chandra Dhandapani?

Northern Trust reported that director Chandra Dhandapani received two equity awards on April 21, 2026 . These were coded as grants or awards of common stock and stock units, not open-market purchases or sales, and reflect routine compensation-related activity.

Q: How many Northern Trust shares and stock units did Chandra Dhandapani receive?

Chandra Dhandapani received 989 stock units of Northern Trust common stock at $0.00 per unit and an additional 34.89 shares at $171.74 per share. The stock units are payable automatically on a 1-for-1 basis in common shares.

Q: What were Chandra Dhandapani’s Northern Trust holdings after these Form 4 transactions?

After the 989 stock unit award, Dhandapani’s reported direct holdings were 6,682.19 shares . After the separate 34.89-share award at $171.74 per share, the filing shows direct ownership of 5,693.19 shares , reflecting the reported post-transaction positions for each entry.

Q: Were these Northern Trust (NTRS) Form 4 transactions open-market trades?

No, both transactions are coded “A” for grant, award, or other acquisition of common stock. They represent compensation-related equity awards to director Chandra Dhandapani rather than open-market purchases or sales, according to the Form 4 transaction code descriptions.

Q: How are the reported Northern Trust stock units structured for Chandra Dhandapani?

The Form 4 footnote explains that the 989 stock units are payable automatically on a 1-for-1 basis in shares of Northern Trust common stock. This means each unit ultimately converts into one share , aligning the award directly with common equity.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Northern Trust Corp director Chandra Dhandapani reported compensation-related share awards. On April 21, 2026, Dhandapani acquired 989 stock units of Northern Trust common stock at $0.00 per unit, bringing reported direct holdings to 6,682.19 shares. The footnote states these are stock units payable automatically on a 1-for-1 basis in common shares. On the same date, Dhandapani also acquired 34.89 shares of common stock at $171.74 per share, with reported direct ownership of 5,693.19 shares following that transaction. Both transactions are coded as awards or other acquisitions rather than open-market purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Dhandapani Chandra

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	34.89	$171.74	$6K
Grant/Award	Common Stock	989	$0.00	--

Holdings After Transaction: Common Stock — 5,693.19 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock unit award: 989 stock units at $0.00 Share award: 34.89 shares at $171.74 Holdings after stock unit award: 6,682.19 shares +1 more

4 metrics

Stock unit award 989 stock units at $0.00 Common stock units granted on April 21, 2026

Share award 34.89 shares at $171.74 Common stock award on April 21, 2026

Holdings after stock unit award 6,682.19 shares Direct ownership following 989-unit grant

Holdings after share award 5,693.19 shares Direct ownership following 34.89-share grant

Key Terms

stock units, 1-for-1 basis, Grant, award, or other acquisition, Form 4

4 terms

stock units financial

"Represents stock units payable automatically on a 1-for-1 basis"

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.

1-for-1 basis financial

"payable automatically on a 1-for-1 basis in shares"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/23/2026 - 06:35 PM

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

ILLINOIS

60603

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/21/2026		A		34.89	A	$171.74	5,693.19⁽¹⁾	D
Common Stock	04/21/2026		A		989	A	$0	6,682.19⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	04/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Northern Trust (NTRS) report for Chandra Dhandapani?

Northern Trust reported that director Chandra Dhandapani received two equity awards on April 21, 2026. These were coded as grants or awards of common stock and stock units, not open-market purchases or sales, and reflect routine compensation-related activity.

How many Northern Trust shares and stock units did Chandra Dhandapani receive?

Chandra Dhandapani received 989 stock units of Northern Trust common stock at $0.00 per unit and an additional 34.89 shares at $171.74 per share. The stock units are payable automatically on a 1-for-1 basis in common shares.

What were Chandra Dhandapani’s Northern Trust holdings after these Form 4 transactions?

After the 989 stock unit award, Dhandapani’s reported direct holdings were 6,682.19 shares. After the separate 34.89-share award at $171.74 per share, the filing shows direct ownership of 5,693.19 shares, reflecting the reported post-transaction positions for each entry.

Were these Northern Trust (NTRS) Form 4 transactions open-market trades?

No, both transactions are coded “A” for grant, award, or other acquisition of common stock. They represent compensation-related equity awards to director Chandra Dhandapani rather than open-market purchases or sales, according to the Form 4 transaction code descriptions.

How are the reported Northern Trust stock units structured for Chandra Dhandapani?

The Form 4 footnote explains that the 989 stock units are payable automatically on a 1-for-1 basis in shares of Northern Trust common stock. This means each unit ultimately converts into one share, aligning the award directly with common equity.