SLARK MARTIN P 4
Research Summary
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Northern Trust (NTRS) Director Martin P. Slark Receives Award
What Happened
- Martin P. Slark, a director of Northern Trust Corporation (NTRS), received awards on April 21, 2026 consisting of 34.89 shares at a reported price of $171.74 (valued at about $5,992) and 989 stock units reported at $0.00. The filing reports these as acquisitions via award/grant (transaction code A).
Key Details
- Transaction date: 2026-04-21; filing date: 2026-04-23 (filed within the typical two-business-day window).
- Awarded: 34.89 shares @ $171.74 (value ≈ $5,992) and 989 stock units @ $0.00.
- Shares owned after the transaction: not specified in this filing.
- Footnote: The 989 units represent stock units payable on a 1-for-1 basis in common stock (footnote F1).
- Transaction type/code: A = Award/Grant (not an open-market purchase or sale).
Context
- This was a compensation award rather than a purchase or sale; such grants are common for directors and don’t necessarily signal personal bullishness. The 989 stock units are deferred/contingent units that will convert to shares on a 1-for-1 basis per the footnote when paid.