Michael O'Grady - Mar 1, 2023 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Chairman and CEO, Director
Signature
Bradley R. Gabriel, Attorney-In-Fact for Michael G. O'Grady
Stock symbol
NTRS
Transactions as of
Mar 1, 2023
Transactions value $
-$930,254
Form type
4
Date filed
3/3/2023, 06:48 PM
Previous filing
Feb 23, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Tax liability -$930K -9.85K -12.66% $94.49 67.9K Mar 1, 2023 Direct F1, F2
holding NTRS Common Stock 200K Mar 1, 2023 By Trust F1
holding NTRS Common Stock 4.75K Mar 1, 2023 2021 GRAT
holding NTRS Common Stock 18.9K Mar 1, 2023 2022 GRAT
holding NTRS Common Stock 5.46K Mar 1, 2023 By Trust fbo Child 1 F3
holding NTRS Common Stock 5.46K Mar 1, 2023 By Trust fbo Child 2 F3
holding NTRS Common Stock 5.46K Mar 1, 2023 By Trust fbo Child 3 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 9,845 shares withheld in payment of Federal, State and Medicare taxes upon the vesting of 23,463 previously reported stock units. The remaining 13,618 shares were distributed to the reporting person as shares of common stock and transferred to the reporting person's existing trust account.
F2 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F3 The reporting person's spouse is trustee of this trust.