NTRS EVP gifts 320 Northern Trust shares
NORTHERN TRUST CORP Executive Vice President Thomas A. South reported a bona fide gift of 320 shares of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
NORTHERN TRUST CORP Executive Vice President Thomas A. South reported a bona fide gift of 320 shares of Common Stock. The gift carried a stated price of $0.00 per share, reflecting a non-market transfer. After this disposition, he directly holds 94,717 shares of Common Stock. A separate entry shows 4,284.320 shares held indirectly in a 401(k) as of March 31, 2026. A footnote also states that his holdings include 44,130 stock units payable on a 1-for-1 basis in common shares.
Insider Trade Summary
320 shares gifted
Gift
2 txns
Insider
South Thomas A
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 320 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 94,717 shares (Direct);
Common Stock — 4,284.32 shares (Indirect, 401(k) as of 3-31-2026)
Footnotes (1)
- F1. Includes 44,130 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
Key Figures
Gifted shares: 320 shares
Direct holdings after transaction: 94,717 shares
401(k) holdings: 4,284.320 shares
+2 more
5 metrics
Gifted shares
320 shares
Bona fide gift of Common Stock
Direct holdings after transaction
94,717 shares
Common Stock held directly following gift
401(k) holdings
4,284.320 shares
Common Stock held indirectly in 401(k) as of 3-31-2026
Stock units
44,130 units
Stock units payable 1-for-1 in common shares
Gift share price
$0.00 per share
Reported value for bona fide gift
Key Terms
bona fide gift, 401(k), stock units, Common Stock
4 terms
bona fide gift financial
"The transaction code description is listed as "Bona fide gift"."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
401(k) financial
"nature_of_ownership is described as "401(k) as of 3-31-2026"."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
stock units financial
"Includes 44,130 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.
Common Stock financial
"security_title is shown as "Common Stock" for both 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NORTHERN TRUST CORP (NTRS) report for Thomas A. South?
NORTHERN TRUST CORP reported that Executive Vice President Thomas A. South made a bona fide gift of 320 shares of Common Stock. The transaction was coded as a gift and carried a reported price of $0.00 per share, indicating a non-market transfer to another party.
What does the bona fide gift code mean in the NORTHERN TRUST CORP (NTRS) Form 4?
The Form 4 identifies the 320-share transaction as a bona fide gift, using transaction code G. This means the shares were transferred without consideration, so it is not an open-market sale and does not reflect a price-based trading decision by the insider.
What indirect holdings of NORTHERN TRUST CORP (NTRS) does Thomas A. South report?
The Form 4 shows 4,284.320 shares of NORTHERN TRUST CORP Common Stock held indirectly through a 401(k) account as of March 31, 2026. A footnote separately notes 44,130 stock units that are payable on a one-for-one basis in common shares of the corporation.
Are there any derivative securities reported for Thomas A. South in this NORTHERN TRUST CORP (NTRS) filing?
The derivative section in this Form 4 is empty, indicating no derivative transactions such as options or warrants were reported. The filing instead focuses on direct and indirect ownership of Common Stock and stock units, plus the 320-share bona fide gift disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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