Harrison Dean M 4

What Happened
Harrison Dean, a director of Northern Trust Corporation (NTRS), received two stock awards (transaction code A) totaling 471.45 shares: 322.42 shares on 2026-03-31 at an imputed price of $139.57 ($45,000) and 149.03 shares on 2026-04-01 at $141.41 ($21,074). These were awards/stock-unit acquisitions (not open-market purchases or sales).

Key Details

• Transaction dates and terms:
  • 2026-03-31: 322.42 shares @ $139.57 = $45,000 (award)
  • 2026-04-01: 149.03 shares @ $141.41 = $21,074 (award)
• Total received: 471.45 shares, aggregate value ≈ $66,074.
• Transaction code: A (grant/award/acquisition).
• Footnote: The units "represent stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock" (i.e., stock units convert to common shares).
• Shares owned after the transaction: Not specified in this Form 4.
• Filing: Report filed 2026-04-02 for transactions dated 2026-03-31 and 2026-04-01; filing appears timely (no late filing indicated).

Context
These transactions are compensatory stock awards (stock units that will convert to common shares) rather than open-market buys or sales. Awards are routine for directors and reflect compensation rather than a direct market purchase or sale; they should be interpreted as insider acquisitions of company equity but not necessarily as a personal investment decision.