Northern Trust Director David Byron Smith Jr. Receives Trust Distribution of Common Stock

Transaction Summary

On October 30, 2026, Northern Trust Corp (NASDAQ: NTRS) Director David Byron Smith Jr. acquired 1,160 shares of Common Stock at $0 per share through a trust distribution (reported under transaction code 'G'). Following the transaction, the reporting person indirectly holds 88,317 shares via a revocable trust.

Nature of Ownership & Footnotes

• Transaction Context: As noted in Footnote 1, a trust in which Mr. Smith holds a partial direct pecuniary interest distributed 9,280 shares to its beneficiaries, 1,160 of which were received by the reporting person into his revocable trust.
• Additional Holdings:
  • Direct: 989 stock units payable 1-for-1 in common stock.
  • Indirect (By Trust): 1,704 shares co-trusteed for the benefit of the reporting person and children.
  • Indirect (Children's Trusts): Three separate trusts holding 2,125 shares each (totaling 6,375 shares).
  • Indirect (By Trust): 974,320 shares in a trust where the reporting person retains a partial direct pecuniary interest.

Significance

This filing reflects an internal trust distribution rather than an open-market purchase or sale. Because no open-market capital commitment or liquidation occurred, the trading significance is categorized as Low.