Dhandapani Chandra 4

What Happened
Director Dhandapani Chandra reported two award/acquisition entries on Northern Trust (NTRS). On 2026-04-21 Chandra was credited 34.89 shares at $171.74 each (total value reported $5,992) and 989 stock units reported at $0.00. Both entries use transaction code A (award/grant/acquisition).

Key Details

• Transaction date: 2026-04-21; Form 4 filed: 2026-04-23 (timely — Form 4 due within two business days).
• 34.89 shares acquired at $171.74 per share = $5,992 reported.
• 989 units recorded at $0.00; footnote F1 states these are stock units payable automatically 1-for-1 in common shares.
• Shares owned after transaction: not specified in the filing.
• Transaction code: A = award/grant/acquisition. No indication of a sale or open-market purchase.

Context
These were awards/grants (not open-market purchases or sales). The 989 units are a form of stock unit that will convert 1-for-1 into shares per the footnote; $0.00 unit price commonly reflects grant accounting rather than an out-of-pocket purchase. Awards to directors are often part of regular compensation and do not, by themselves, indicate a change in sentiment.