Northern Trust director granted 57 stock units

Northern Trust Corporation director Marcy S. Klevorn reported an automatic equity award.

Rhea-AI Filing Summary

Northern Trust Corporation director Marcy S. Klevorn reported an automatic equity award. She acquired 57.010 stock units tied to the company’s common stock at a reference price of $175.60 per share. Following this grant, her directly held common stock position increased to 13,559.790 shares.

The footnote explains these are stock units payable automatically on a 1-for-1 basis in Northern Trust common stock, indicating this is a routine compensation-related award rather than an open-market purchase.

Insider Trade Summary

Grant/Award: 57.01 shares

Grant/Award 1 txn

Insider Klevorn Marcy S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	57.01	$175.60	$10K

Holdings After Transaction: Common Stock — 13,559.79 shares (Direct)

Footnotes (1)

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

Key Figures

Stock units granted: 57.010 units Reference price per share: $175.60/share Shares held after grant: 13,559.790 shares

3 metrics

Stock units granted 57.010 units Grant of stock units payable 1-for-1 in common stock

Reference price per share $175.60/share Transaction price per share for granted stock units

Shares held after grant 13,559.790 shares Total Northern Trust common stock directly owned by Klevorn after transaction

Key Terms

stock units, grant/award acquisition, Common Stock, transaction code A

4 terms

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.

grant/award acquisition financial

"transaction_action: "grant/award acquisition" for the reported stock units"

Common Stock financial

"security_title: "Common Stock" for the non-derivative equity award"

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.

transaction code A regulatory

"transaction_code: "A" indicating a grant, award, or other acquisition"

FAQ

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

What insider transaction did Northern Trust (NTRS) disclose for Marcy S. Klevorn?

Northern Trust disclosed that director Marcy S. Klevorn received an automatic equity award of 57.010 stock units linked to common stock. The Form 4 classifies this as a grant or award acquisition, reflecting routine director compensation rather than an open-market trade.

How many Northern Trust (NTRS) shares does Marcy S. Klevorn hold after this Form 4?

After the reported award, Marcy S. Klevorn directly holds 13,559.790 shares of Northern Trust common stock. This figure includes the impact of the 57.010 stock units granted, which are payable on a 1-for-1 basis in common shares under the company’s equity program.

Was the Northern Trust (NTRS) Marcy S. Klevorn transaction a stock purchase or a grant?

The transaction was a grant or award, not an open-market purchase. The Form 4 uses transaction code “A” and describes it as a grant, award, or other acquisition of 57.010 stock units, representing compensation awarded to the director in stock-based form.

What is the value reference for Marcy S. Klevorn’s Northern Trust (NTRS) stock unit grant?

The 57.010 stock units carry a reference transaction price of $175.60 per share. This price is used to value the non-derivative award on the Form 4 and helps indicate the approximate dollar value of the director’s compensation-related stock unit grant.

How are the reported Northern Trust (NTRS) stock units for Marcy S. Klevorn settled?

The footnote states the stock units are payable automatically on a 1-for-1 basis in Northern Trust common stock. This means each unit converts into one share of common stock under the company’s terms, linking the director’s compensation directly to future share value.

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

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Accepted by SEC EDGAR 07/02/2026 - 05:49 PM EDT 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^*

Klevorn Marcy S

(Last) (First) (Middle)

50 SOUTH LA SALLE 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)
07/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		57.01	A	$175.6	13,559.79(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 Marcy S. Klevorn	07/02/2026
	** 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)