Tyler Jason J. 4
Research Summary
AI-generated summary
Northern Trust (NTRS) President Jason J. Tyler Receives 7,185-Share Award
What Happened
- Jason J. Tyler, President — Wealth Management at Northern Trust Corp (NTRS), was reported as acquiring 7,185 shares on 2026-02-05 via an award/grant (transaction code A). The shares show an acquisition price of $0.00 (i.e., awarded as compensation), so the reported cash value of this transaction is $0.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (filing appears timely under the two-business-day rule).
- Transaction type: Grant/Award (SEC code A); acquisition price reported as $0.00.
- Shares acquired: 7,185.
- Shares owned after transaction: Not specified in the excerpt of the filing provided.
- Footnote: Filing notes it "includes 28,765 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock" — indicating some reported holdings consist of stock units that will convert to shares on a one-for-one basis.
- No indication in this filing of a 10b5-1 plan, sale, tax withholding, or cashless exercise.
Context
- This was an equity award (likely restricted stock or RSUs) rather than an open-market purchase; the $0 price means the shares were granted as compensation, not bought. Awards are common executive compensation and do not by themselves signal buying or selling intent in the market.