South Thomas A 4
4 · NORTHERN TRUST CORP · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Northern Trust (NTRS) EVP Thomas A. South Receives 16,850-Share Award
What Happened
Thomas A. South, Executive Vice President of Northern Trust Corp (NTRS), received an award/acquisition of 16,850 shares on Feb 5, 2026 (reported on Form 4 filed Feb 9, 2026). Separately, 1,063 shares were withheld/disposed to cover federal, state and Medicare tax obligations related to the vesting of previously reported stock units; the withholding is reported at $148.88 per share for a total of $158,259. The award shares were recorded at $0.00 per share (typical for vested restricted stock or automatic stock-unit conversions).
Key Details
- Transaction date(s): Feb 5, 2026 (reported Feb 9, 2026).
- Award: 16,850 shares acquired at $0.00 (code A).
- Tax withholding: 1,063 shares disposed at $148.88 each = $158,259 (code F).
- Footnote F1: Notes 50,189 stock units payable 1-for-1 in shares and corrects a prior reporting discrepancy from Dec 5, 2025 (actual amount then was 33,339, not 33,172).
- Footnote F2: Explains 1,063 shares were withheld to satisfy taxes on the vesting of 3,941 stock units; the remaining 2,878 shares from that vesting were distributed to Mr. South.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing timing: Form filed Feb 9, 2026 reporting Feb 5 transactions (the filing date is shown on the report).
Context
- Code A = award/grant (shares issued/vested). Code F = shares withheld to pay taxes — a routine, administrative withholding rather than an open-market sale.
- The $0.00 price for the award indicates issuance upon vesting or conversion of stock units rather than a purchase.
- These actions are common for executive compensation vesting and tax withholding; they are informational rather than a direct bullish/bearish signal.
Insider Transaction Report
Form 4
South Thomas A
Executive Vice President
Transactions
- Award
Common Stock
[F1]2026-02-05+16,850→ 88,658 total - Tax Payment
Common Stock
[F1][F2]2026-02-05$148.88/sh−1,063$158,259→ 87,595 total
Holdings
- 4,167.55(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Includes 50,189 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock and reflects a correction to the amount of stock units previously reported on a Form 4 filed December 5, 2025 in footnote 1 thereto. The actual amount of stock units on such date was 33,339 shares, rather than the 33,172 shares originally reported in the footnote.
- [F2]Reflects 1,063 shares withheld in payment of Federal, State and Medicare taxes upon the vesting of 3,941 previously reported stock units. The remaining 2,878 shares were distributed to the reporting person as shares of common stock.
Signature
David A. Serna, Attorney-in-Fact for Thomas A. South|2026-02-09