Northern Trust CAO Alexandria Taylor Disposes Shares for Tax Withholding
NORTHERN TRUST CORP
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Filing Summary
📋 Form 4 Filing Summary for Northern Trust Corp ($NTRS) Insider: Alexandria Taylor (Chief Administrative Officer) Action: Tax Withholding (Code F) Shares Transacted: 3,823 shares @ $165.40 (~$632,324.20) Remaining Direct Holdings: 43,628.536 shares Filing Date: October 20, 2026 Note: Mandatory tax withholding upon the vesting of 8,628 stock units.
Comprehensive Analysis
Executive Summary
On October 20, 2026, Northern Trust Corp ($NTRS) filed a Form 4 disclosing that Chief Administrative Officer Alexandria Taylor disposed of 3,823 shares of common stock on October 17, 2026, valued at approximately $632,324.20.
Transaction Details
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Withheld: 3,823
- Price Per Share: $165.40
- Post-Transaction Beneficial Ownership: 43,628.536 shares (including 15,009 stock units payable 1-for-1 in common stock)
- Context: The disposition represents shares withheld to satisfy Federal, State, and Medicare tax obligations upon the vesting of 8,628 previously reported stock units. The net balance of 4,805 shares was distributed directly to the reporting person.
Market Impact & Significance
This transaction carries Low informational significance for investors. It does not reflect an open-market discretionary sale or a change in executive sentiment regarding the company's financial outlook, but rather routine equity compensation vesting mechanics.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
