Fox David W Jr 4

What Happened David W. Fox Jr., Chief Financial Officer of Northern Trust Corporation (NTRS), was granted 6,355 stock units on February 5, 2026. The award was reported as an acquisition (grant) with an acquisition price of $0.00 (these are compensation stock units rather than a market purchase).

Key Details

• Transaction date: 2026-02-05; Filing date: 2026-02-09 (Form 4 accession 0002039870-26-000002). Filing appears timely (filed within the typical two-business-day window).
• Transaction type/code: A — Grant/Award; Price: $0.00.
• Award specifics: 6,355 stock units; per footnote, these units are payable on a 1-for-1 basis in shares of common stock (see F1).
• Ownership notes: Other footnotes indicate some shares are held in trusts for the reporting person and his descendants with the reporting person as trustee and investment control (F2, F3). The total shares owned after the transaction were not disclosed in the excerpt provided.
• No sale or open-market purchase occurred — this is a company compensation grant.

Context Stock unit grants are a form of compensation and do not necessarily signal immediate buying or selling intent. The units here convert 1-for-1 into common shares when payable; they are different from an outright market purchase and often subject to vesting or other plan terms (not detailed in this filing). Trust-held shares (F2/F3) reflect estate/beneficiary arrangements and are administrative/ownership details rather than separate market transactions.