Gibson Guy 4

What Happened
Gibson Guy, Co‑President, Asset Servicing at Northern Trust (NTRS), sold 3,009 shares in an open‑market transaction on March 5, 2026. The weighted average sale price was about $142.39 (reported range $142.39–$142.42), with total proceeds of roughly $428,452. This was a sale (disposition), which is often routine and does not necessarily indicate a change in company outlook.

Key Details

• Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-06) — filing appears timely.
• Transaction type: Open‑market sale (Code S).
• Shares sold: 3,009.
• Price/Proceeds: Weighted average price ~ $142.39 (range $142.39–$142.42); proceeds ≈ $428,452. (F1 notes the weighted average and that per‑price share counts are available on request.)
• Shares owned after transaction: Not disclosed in the Form 4.
• Footnotes: F1 = weighted average sales price $142.39–$142.42; F2 = indicates reported units represent stock units payable 1‑for‑1 in common stock.
• No 10b5‑1 plan, late filing flag, or tax‑withholding details are noted in the provided summary.

Context
Sales by executives can be for many personal or portfolio reasons; they are common and not by themselves a clear signal about the company. Footnote F2 suggests some reported holdings are stock units convertible on a 1‑for‑1 basis into shares, but the Form 4 does not provide further explanation of post‑sale ownership in this summary.