Dhandapani Chandra 4

What Happened
Dhandapani Chandra, a director of Northern Trust Corporation (NTRS), was granted stock-unit awards (transaction code A) on 2026-03-31 and 2026-04-01. The grants totaled 270.49 stock units: 250.77 units at $139.57 each (value $35,000) on 2026-03-31, and 19.72 units at $141.41 each (value $2,789) on 2026-04-01. These were awards/acquisitions rather than open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-03-31: 250.77 units @ $139.57 = $35,000
  • 2026-04-01: 19.72 units @ $141.41 = $2,789
• Total units awarded: 270.49; total reported value: $37,789.
• Shares owned after the transactions: not disclosed in this Form 4.
• Footnote F1: these are stock units payable automatically on a 1-for-1 basis in the company’s common stock (i.e., units convert to shares).
• Filing: Form 4 filed 2026-04-02; the filing shows the grants and does not indicate a late-report flag.

Context
These entries reflect equity awards (stock units) typically used for director compensation or deferred pay; they are not open-market purchases or sales and therefore should not be read as an immediate buy/sell signal. The footnote indicates the units will convert into common shares on a one-for-one basis when paid.