Form 4 for NTRS Northern Trust
Accepted 2024-10-29 00:00:00 ET · period of report 2024-10-25 · accession 0000073124-24-000267 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-10-29 | 2024-10-25 | NTRS | Levy Susan Cohen | EVP, GC | M - OptEx | $70.21 | +19.6K | 36.7K | +114% | +$1.38M |
| D | 2024-10-29 | 2024-10-25 | NTRS | Levy Susan Cohen | EVP, GC | S - Sale+OE | $102.26 | -19.6K | 17.1K | -53% | -$2.00M |
| D | 2024-10-29 | 2024-10-25 | NTRS | Levy Susan Cohen | EVP, GC | M - OptEx | $0.00 | -19.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-10-25 | M | A | 19,585 | $70.21 | 36,717 | D | — | — | (F5) Reflects a correction of 9,730 net shares previously reported as being (i) distributed from the reporting person's 2022 GRAT to the reporting person's existing irrevocable trust as an annuity payment on June 9, 2023 (34,500 shares); and (ii) transferred from the reporting person's existing irrevocable trust into a newly created 2023 GRAT on June 12, 2023 (44,230 shares). Each of the foregoing transactions actually occurred from the reporting person's existing brokerage account, not the existing irrevocable trust. (F4) Reflects the August 12, 2024 transfer of 55,726 shares of the Corporation's common stock into a newly created 2024 GRAT. (F3) On June 13, 2024, the reporting person's 2023 GRAT distributed 19,000 shares of the Corporation's common stock to the reporting person's existing brokerage account as an annuity payment in accordance with the terms of the GRAT instrument. (F1) Includes 17,132 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock. (F2) On June 13, 2024, the reporting person's 2022 grantor retained annuity trust ("GRAT") distributed 18,966 shares of the Corporation's common stock to the reporting person's existing brokerage account as a final annuity payment in accordance with the terms of the GRAT instrument. |
| 2 | Common | Common Stock | 2024-10-25 | S | D | 19,585 | $102.26 | 17,132 | D | — | — | (F6) Price reflects the weighted average sales price from $102.25 to $102.40. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request. (F5) Reflects a correction of 9,730 net shares previously reported as being (i) distributed from the reporting person's 2022 GRAT to the reporting person's existing irrevocable trust as an annuity payment on June 9, 2023 (34,500 shares); and (ii) transferred from the reporting person's existing irrevocable trust into a newly created 2023 GRAT on June 12, 2023 (44,230 shares). Each of the foregoing transactions actually occurred from the reporting person's existing brokerage account, not the existing irrevocable trust. (F4) Reflects the August 12, 2024 transfer of 55,726 shares of the Corporation's common stock into a newly created 2024 GRAT. (F3) On June 13, 2024, the reporting person's 2023 GRAT distributed 19,000 shares of the Corporation's common stock to the reporting person's existing brokerage account as an annuity payment in accordance with the terms of the GRAT instrument. (F1) Includes 17,132 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock. (F2) On June 13, 2024, the reporting person's 2022 grantor retained annuity trust ("GRAT") distributed 18,966 shares of the Corporation's common stock to the reporting person's existing brokerage account as a final annuity payment in accordance with the terms of the GRAT instrument. |
| 3 | Derivative | Employee Stock Option (right-to-buy) | 2024-10-25 | M | D | 19,585 | $0.00 | 0 | D | $70.21 · — to 2025-02-17 | 19,585 Common Stock | (F8) This option became exercisable in four equal annual installments beginning on February 17, 2016. |