Northern Trust Corp: appoints Rima Qureshi to board

What happened

• Northern Trust Corporation announced on Oct 20, 2026 that its board appointed Rima Qureshi as a director of the corporation and as a director of The Northern Trust Company, the corporation’s principal subsidiary.
• The board appointed Ms. Qureshi to the Risk Committee and the Technology and Operations Committee, effective Oct 20, 2026.
• The filing states Ms. Qureshi will participate in the corporation’s Non-Employee Director Compensation Plan and be eligible to participate in the 2018 Deferred Compensation Plan for Non-Employee Directors, and will be granted equity awards for service through the 2027 Annual Meeting of Stockholders, prorated for her appointment date.

Key details

• Appointment date: Oct 20, 2026.
• Committee assignments: Risk Committee; Technology and Operations Committee.
• Compensation plans mentioned: Non-Employee Director Compensation Plan; 2018 Deferred Compensation Plan for Non-Employee Directors.
• Equity awards: granted for service through the 2027 Annual Meeting of Stockholders, prorated to reflect the Oct 20, 2026 appointment.

Why it may matter

• The filing reports Item 5.02 (departure of directors or certain officers; election of directors), which covers the appointment and related committee and compensation information, and Item 7.01 (Regulation FD disclosure), noting a press release issued on Oct 20, 2026 regarding the appointment. This filing does not explain why the insider traded or why the company acted.