Northern Trust Officer Susan Cohen Levy Files Form 144 to Sell $661K in Common Stock

Form 144 Analysis: Northern Trust Corp ($NTRS)

Transaction Overview

• Filer: Susan Cohen Levy, Officer
• Securities to be Sold: 3,922 shares of Common Stock
• Aggregate Market Value: $661,602.18 (approximately $168.69 per share)
• Approximate Sale Date: October 26, 2026
• Broker: Fidelity Brokerage Services LLC
• Exchange: NASDAQ

Origin of Shares

• The securities to be sold are acquired via a stock option exercise on October 26, 2026, funded via cash payment to the issuer.

Prior Trading Activity (Past 3 Months)

• October 23, 2026: Susan Levy sold 16,984 common shares for gross proceeds of $2,855,912.25.

Market Impact & Significance

• Significance Level: Low
• The proposed sale of 3,922 shares represents a negligible fraction of Northern Trust Corp's 182,955,653 shares outstanding. Coupled with the source of shares being an immediate option exercise, this represents standard executive equity compensation realization rather than a discretionary divestiture indicating a directional shift in outlook.