Petrino Richard 4
Research Summary
AI-generated summary
Northern Trust (NTRS) Director Richard Petrino Buys 1,000 Shares
What Happened Richard Petrino, a director of Northern Trust Corporation (NTRS), purchased 1,000 shares in an open-market transaction on February 5, 2026. The shares were acquired at $148.91 each for a total of $148,910. This was a purchase (code P), which is typically viewed as a buy signal rather than a sale.
Key Details
- Transaction date and price: 2026-02-05 — 1,000 shares at $148.91 per share.
- Total transaction value: $148,910.
- Shares owned after transaction: not specified in the filing.
- Footnote: Filing notes inclusion of 2,332.09 stock units payable automatically on a 1-for-1 basis in shares of the company’s common stock (see F1).
- Timeliness: Reported on the same date (Period of Report/Filing date 2026-02-05); no late filing indicated.
- Transaction code: P = Purchase (open-market).
Context This was a straightforward open-market purchase by a board director (not a 10% owner). Purchases by insiders can be informative for investors but do not by themselves prove future performance; filings are factual records of trades rather than statements of intent.