Bellows Clive 4

What Happened Clive Bellows, Co‑President, Asset Servicing at Northern Trust (NTRS), sold 1,148 shares on February 12, 2026 in an open‑market/private sale at $145.26 per share, for a total of $166,758. This was a sale (not a purchase or option exercise) and the filing does not state a reason.

Key Details

• Transaction date: 2026-02-12; filing date: 2026-02-13 (timely filed).
• Trade: Sale of 1,148 shares at $145.26 per share; proceeds $166,758.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: The filing includes F1 — “Includes 34,030 stock units payable automatically on a 1‑for‑1 basis in shares… and reflects a correction to the amount of stock units previously reported on a Form 4 filed Dec 3, 2025. The actual amount on that date was 26,272 shares, not the 25,949 originally reported.”
• No 10b5‑1 plan, option exercise, gift, or tax‑withholding information is indicated in the provided data.

Context

• This is a straightforward sale of stock by an executive. Sales can be routine (e.g., diversification or personal liquidity); the filing does not provide a motive. For retail investors, purchases often carry stronger signals than routine insider sales.