Northern Trust Director Dean M. Harrison Awarded $70.6K in Stock Units
NORTHERN TRUST CORP
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Filing Summary
🏛️ Insider Filing: Northern Trust Corp ($NTRS) Insider: Harrison Dean M (Director) Type: Acquisition (Award / Grant) Shares Transacted: 417.28 Price: ~$169.30 Total Value: $70,646.29 Direct Holdings Post-Transaction: 35,321.97 shares Filing Date: October 2, 2026
Comprehensive Analysis
Insider Filing Overview
On October 2, 2026, Northern Trust Corp ($NTRS) director Dean M. Harrison filed a Form 4 detailing the acquisition of stock units across two consecutive transactions:
- September 30, 2026: Acquired 265.71 stock units at $169.36 per share (~$45,000.65).
- October 1, 2026: Acquired 151.57 stock units at $169.20 per share (~$25,645.64).
Together, the transactions reflect an acquisition of 417.28 stock units totaling approximately $70,646.29.
Footnote & Holding Context
- Nature of Securities: According to Footnote (1), these units represent stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock, characteristic of quarterly board retainer equity compensation.
- Post-Transaction Holdings:
- Direct: 35,321.97 shares/units
- Indirect: 1,000 shares held by Trust, and 47 shares held by LLC
Market & Trading Significance
This filing carries Low trading significance, as the acquisition represents routine director equity compensation/retainer grants rather than an open-market discretionary purchase.
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