POWELL CHARLES D 4
4 · NORTHERN TRUST CORP · Filed Apr 18, 2024
Insider Transaction Report
Form 4
POWELL CHARLES D
Other
Transactions
- Exercise/Conversion
Common Stock
2024-04-16+1,855→ 1,855 total - Disposition to Issuer
Common Stock
2024-04-16$81.82/sh−1,855$151,776→ 0 total - Exercise/Conversion
Stock Units
2024-04-16−1,855→ 0 total→ Common Stock (1,855 underlying) - Award
Stock Units
2024-04-16+1,822→ 1,822 total→ Common Stock (1,822 underlying)
Footnotes (3)
- [F1]Each unit is the economic equivalent of one share of the Corporation's common stock and is settled in cash upon vesting.
- [F2]1,855 stock units vested on April 16, 2024 and were paid in cash to the Advisory Director. This form reports such settlement in cash as the deemed conversion of units and immediate disposition of underlying common stock in accordance with SEC guidance.
- [F3]The stock units will be paid in cash to the Advisory Director upon the date of the Corporation's 2025 Annual Meeting of Stockholders.