Northern Trust (NTRS) exec sells 2,800 shares, retains over 28K

Rhea-AI Filing Summary

Northern Trust Corp Co-President of Asset Servicing Clive Bellows reported an open-market sale of company stock. On this Form 4, he sold 2,800 shares of Northern Trust common stock at a price of $165.02 per share. After the transaction, he directly owns 28,217 common shares. A footnote also states he holds 28,060 stock units that are payable on a 1-for-1 basis in Northern Trust common stock.

Insider Trade Summary

Net Seller: 2,800 shares ($462,056)

Net Sell 1 txn

Insider Bellows Clive

Role Co-President Asset Servicing

Sold 2,800 shs ($462K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,800	$165.02	$462K

Holdings After Transaction: Common Stock — 28,217 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 2,800 shares Sale price per share: $165.02 per share Shares held after transaction: 28,217 shares +1 more

4 metrics

Shares sold 2,800 shares Open-market sale of Northern Trust common stock

Sale price per share $165.02 per share Price for 2,800 Northern Trust shares sold

Shares held after transaction 28,217 shares Direct Northern Trust common stock holdings post-sale

Stock units held 28,060 units Units payable 1-for-1 in Northern Trust common stock

Key Terms

open-market sale, Common Stock, stock units, Form 4

4 terms

open-market sale financial

"transaction_action is described as an open-market sale of common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"The security title for the transaction is listed as Common Stock"

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.

stock units financial

"Includes 28,060 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.

Form 4 regulatory

"The insider transaction is reported in a Form 4 filing"

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 →

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^*

Bellows Clive

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-President Asset Servicing

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

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	04/24/2026		S		2,800	D	$165.02	28,217(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. Includes 28,060 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 Clive Bellows	04/28/2026
	** 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)

FAQ

What insider transaction did Clive Bellows report at Northern Trust (NTRS)?

Clive Bellows reported an open-market sale of 2,800 shares of Northern Trust common stock at $165.02 per share. The transaction was disclosed on a Form 4 and reflects a routine sale of existing holdings rather than a grant or option exercise.

How many Northern Trust (NTRS) shares does Clive Bellows hold after this sale?

After selling 2,800 shares, Clive Bellows directly holds 28,217 shares of Northern Trust common stock. In addition, a footnote explains he holds 28,060 stock units that are payable on a 1-for-1 basis in shares of Northern Trust’s common stock.

At what price were the Northern Trust (NTRS) shares sold by Clive Bellows?

The 2,800 Northern Trust shares were sold at $165.02 per share in an open-market transaction. This price is the per-share sale amount reported in the Form 4 and is used to calculate the cash proceeds from the sale for the reporting person.

What are the 28,060 stock units mentioned in Clive Bellows’ Northern Trust (NTRS) filing?

The filing notes Bellows holds 28,060 stock units that are payable automatically on a 1-for-1 basis in Northern Trust common stock. These units represent a right to receive an equal number of common shares in the future, typically as part of deferred compensation.

Is Clive Bellows’ Northern Trust (NTRS) transaction a purchase or a sale?

The Form 4 reports a sale transaction. Specifically, it shows an open-market sale of 2,800 shares of Northern Trust common stock, coded as an “S” transaction, which the filing describes as a sale in an open market or private transaction.

What is Clive Bellows’ role at Northern Trust (NTRS) in this Form 4 filing?

In this Form 4, Clive Bellows is identified as an officer of Northern Trust, serving as Co-President of Asset Servicing. His position is disclosed to clarify that the reported trade is an insider transaction by a senior executive of the company.