Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Nov 4, 2025
Reporting period
Not applicable
Filed with the SEC
Nov 5, 2025
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001607570-25-000005
Filed / recorded
Nov 5, 2025, 9:19 PM UTC
Added to OQRO
Oct 2, 2026, 12:28 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
NORTHERN TRUST CORP
Issuer CIK
73124
Ticker
NTRS
Reporting person
Susan Cohen Levy
Relationship
Officer
Officer title
EVP and General Counsel
Security
Common Stock
Table
Non-derivative (Table I)
Transaction date
Nov 4, 2025
Transaction code
M
Shares / units
27,591
Price per share
$58.25
Acquired / disposed
Acquired (A)
Shares owned after
75,848
Ownership form
Direct
Amendment
No
Footnotes from the filing
Includes 15,807 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
Reflects the August 11, 2025 transfer of 12,795 shares directly held by the reporting person into the reporting person's existing irrevocable trust.
On September 3, 2025, the reporting person's 2023 grantor retained annuity trust ("GRAT") distributed 14,750 shares of the Corporation's common stock to the reporting person's existing brokerage account as an annuity payment in accordance with the terms of the GRAT instrument.
On September 3, 2025, the reporting person's 2024 GRAT distributed 17,700 shares of the Corporation's common stock to the reporting person's existing brokerage account as an annuity payment in accordance with the terms of the GRAT instrument.