Northern Trust Director Richard Petrino Receives Small Equity Grant

Executive Summary

On October 1, 2026, Northern Trust Corp (NASDAQ: NTRS) director Richard Petrino acquired 6.19 shares of common stock at a price of $169.20 per share, representing a total transaction value of approximately $1,047.35. The transaction was coded as an award/grant ('A'), typically associated with director equity retainer accruals or dividend equivalents.

Transaction Details

• Insider: Richard Petrino (Director)
• Security: Common Stock
• Transaction Date: October 1, 2026
• Transaction Code: A (Grant or award under Rule 16b-3)
• Shares Acquired: 6.19
• Price Per Share: $169.20
• Gross Value: $1,047.35
• Post-Transaction Direct Holdings: 4,350.09 shares (includes 2,185.09 stock units payable automatically on a 1-for-1 basis in shares of common stock)

Significance & Market Context

The transaction significance is assessed as Low. The acquisition involves an immaterial dollar amount and volume relative to both the company's market capitalization and the insider's total holdings. It reflects standard board compensation administration rather than an open-market discretionary investment.