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NTRS NORTHERN TRUST CORP Insider Trading

Latest: Director Bought $37K of Shares · May 2026

Multiple insiders have been active at NORTHERN TRUST CORP (NTRS): 10 distinct insiders account for 7 buy filings and 17 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: Director Moritz Robert Edward Jr. bought $37K, transaction dated May 2026.

24 filings analyzed · Latest 2026-06-04

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Buys
7
Sells
17
Insiders
10
Direction
Net selling

NORTHERN TRUST CORP leadership

CEO
Michael G. O’Grady — Chief Executive Officer
CFO
David W. Fox Jr. — Chief Financial Officer
COO
Peter B. Cherecwich — Chief Operating Officer
General Counsel
Susan C. Levy — Executive Vice President, General Counsel and Corporate Secretary
Chair
Michael G. O'Grady — Chairman of the Board and Chief Executive Officer

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-04
medium
Executive Vice President
3,668 shares
$613,880
@ $167.36
Significance 5

EVP Aengus Hallinan sold 3,668 shares at $167.10–$167.96 for $613,879.98, reducing holdings by 27.9%.

Aengus Hallinan, Executive Vice President at Northern Trust, executed 2 separate sales totaling 3,668 shares for $613,879.98 on 2026-06-03, with a blended average price of $167.36. This sale reduced his post-transaction holdings from 13,129 shares to 9,461 shares, a reduction of 27.9% of his previous position. The stock is currently trading at $173.06, within 0.1% of its 52-week high, and has appreciated 7.1% over the past 30 days and 24.9% over the past 90 days. The sale occurred against a backdrop of rising stock price momentum, though the company's annual revenue growth remains negative at -2.5% despite solid current-quarter net income of $525,500,000.00.

May 2026
2026-05-04
high
225 shares
$37,442
@ $166.41
Significance 6

Director Moritz purchases 225 shares at $166.41; seventh open-market buy in 36 months, consistent repeat buyer pattern with strong longer-term track record.

Director Moritz Robert Edward Jr. added 225 shares to his position, marking his seventh open-market purchase in the past 36 months—a pattern of consistent accumulation with no offsetting sales. His prior purchases at this company have produced strong returns over longer periods, with all five prior trades showing gains within 90 days of purchase; near-term outcomes were more mixed, with four of five purchases followed by short-term gains and one by a modest decline. The stock is currently trading modestly below its 52-week high after gaining significantly over the past quarter, providing a backdrop of positive momentum rather than a contrarian dip-buying opportunity. Northern Trust remains profitable with stable fundamentals, though recent revenue has contracted slightly year-over-year. The combination of persistent open-market accumulation by a board member, a track record of favorable longer-term outcomes from prior purchases at this same company, and continued strength in the stock price suggests this director remains constructive on the company's prospects.

April 2026
2026-04-29
medium
EVP & Chief Financial Officer
20,000 shares
$3,323,195
@ $166.16
Significance 5

CFO Fox sells over half holdings in Northern Trust, offloading $3.3M near recent highs amid flat revenue trend.

CFO David Fox Jr. executed a substantial sale, divesting roughly half of his Northern Trust position totaling approximately $3.3 million across two transactions near the company's recent highs. The stock has recovered sharply over the past month and trades only modestly below its fifty-two-week peak, suggesting Fox is taking profits after a strong recent run. Northern Trust remains a profitable financial services company, though recent annual results show slight revenue contraction and the valuation sits at a moderate multiple relative to earnings. As the Chief Financial Officer, Fox has operational visibility into the company's financial trajectory, and this large, concentrated reduction could signal either a portfolio rebalancing decision or measured caution about near-term prospects—the timing near recent highs rather than during weakness is worth noting.

February 2026
2026-02-05
medium
1,000 shares
$148,910
@ $148.91
Significance 5

Director Petrino Richard purchased 1,000 shares of NTRS at $148.91; holdings increase to 3,332 shares (+42.9%)

Director Petrino Richard purchased 1,000 shares at $148.91 on 2026-02-05, representing a 42.9% increase to his post-transaction holding of 3,332 shares from 2,332 shares. The purchase occurred near the 52-week high of $153.12 (current price $147.48 is -3.7% from that high), in a stock trading with a reasonable 16.15 P/E multiple and steady fundamentals (22.4% annual revenue growth, $457.6M quarterly net income). Without visibility into his prior transaction patterns or whether this purchase was scheduled under a 10b5-1 plan, the transaction reflects a material expansion of his stake but should be evaluated alongside sector context and company-specific catalysts rather than price-action timing alone.

2026-02-03
high
245 shares
$37,203
@ $151.85
Significance 7

Director Moritz Robert Edward Jr. bought 245 NTRS shares at $151.85; 4 prior buys at same ticker all showed positive 90-day returns

Moritz Robert Edward Jr. purchased 245 shares of Northern Trust at $151.85 on 2026-02-02, increasing his holdings by +3.7% to 6,931 shares. His prior transaction history at NTRS reveals a consistent pattern: all 4 prior open-market purchases at this ticker produced positive 90-day returns, ranging from +3.2% to +35.6%, with the most recent buy on 2025-11-04 posting +17.9% over 90 days. The current stock price of $149.84 sits -2.1% from the 52-week high, and year-to-date momentum shows +7.6% (30-day) and +16.9% (90-day) appreciation. Northern Trust's fundamentals show annual revenue growth of +22.4% alongside a reasonable P/E of 16.41 on a $28.3B market cap, suggesting the company is neither in distress nor trading at distressed valuations. This repeated purchase pattern at favorable subsequent price levels reflects a director's ongoing accumulation at the ticker level.

January 2026
2026-01-27
medium
Chief Operating Officer
25,000 shares
$3,740,500
@ $149.62
Significance 5

COO Peter Cherecwich sold 25,000 NTRS shares at $149.62 for $3.7M, reducing holdings by 48.8%

Peter Cherecwich, Chief Operating Officer of Northern Trust Corp, executed a discretionary sale of 25,000 shares at $149.62 on 2026-01-26, netting $3,740,500.00 and reducing his position from 51,259 to 26,259 shares—a reduction of nearly half his holdings. At the current price of $149.96, the stock sits 2.1% below its 52-week high of $153.12 and has gained 7.0% over the past 30 days and 17.8% over 90 days. Examining Cherecwich's historical trading pattern at NTRS specifically: 3 of his 5 prior trades at this ticker were well-timed at the 90-day mark (reflecting 60% accuracy), though his most recent sale on 2025-01-29 saw a 90-day decline of -16.3% following the trade. His cross-ticker track record shows 5 prior sales with an 80.00% well-timed rate and an average 90-day return of -9.2% after selling. The fundamental backdrop shows Northern Trust generated $2.0B in revenue last quarter with $457.6M net income, annual revenue growth of +22.4%, and a reasonable P/E of 16.42. The substantial scale of this single sale—approaching 50% of pre-transaction holdings at near 52-week-high prices during a period of positive momentum—merits investor attention as a data point in ongoing monitoring of executive positioning.

December 2025
2025-12-15
low
Executive Vice President
5,000 shares
$695,150
@ $139.03
Significance 4

South Thomas A sells 5,000 shares of NTRS at $139.03; retains 71.8K shares post-transaction

Thomas A. South, Executive Vice President, sold 5,000 shares (5.0K shares) of NORTHERN TRUST CORP at $139.03 on 2025-12-11 for a total value of $695,150.00. This represents a 6.5% reduction from his pre-transaction holdings of 76.8K shares, leaving him with 71.8K shares. At the time of sale, the stock was trading near its 52-week high of $140.09 (the transaction price was -0.3% from that peak), and the stock has appreciated 9.6% in the 30 days preceding this filing and 8.0% over 90 days. His prior sale at NTRS on 2024-11-07 saw positive 90-day returns of 7.0%, indicating that historical sell was not well-timed (the stock rose after the sale). The company itself shows solid fundamentals with annual revenue growth of +22.4%, a P/E of 15.29, and net income of $457.6M on $2.0B in quarterly revenue. The timing of this sale near the 52-week high, combined with the stock's strong recent momentum and his prior underperformance at timing exits at this ticker, suggests this may represent a deliberate exit near strength rather than a signal of material concern about the business.

November 2025
2025-11-07
medium
Vice Chairman
9,376 shares
$1,200,128
@ $128.00
Significance 6

Vice Chair Fradkin sells 9,376 shares of NTRS for $1,200,128.00; maintains 39,659 shares post-sale.

Steven L Fradkin, Vice Chairman of Northern Trust Corp, executed 2 separate sales totaling 9,376 shares for $1,200,128.00 on 2025-11-06 at $128.00 per share, reducing his holdings by 19.1% to 39,659 shares. At the time of sale, NTRS was trading near its 52-week high, 3.4% below the $134.60 peak. His prior 5 sales at NTRS show a consistent 90-day timing pattern: all 5 were well-timed (the stock declined after each sale), ranging from -1.7% to -4.5% over 90 days. The company fundamentals remain strong, with revenue of $2,025,400,000.00, net income of $457,600,000.00, annual revenue growth of 22.4%, and a P/E of 14.23. The sale occurs at a price the insider has already demonstrated predictive accuracy in timing relative to subsequent stock performance.

2025-11-05
high
3,891 shares
$500,266
@ $128.57
Significance 7

Director Robert Moritz Jr. bought 3,891 shares of NTRS at $128.57 on 2025-11-04, increasing holdings 139.2% to 6,686 shares for $500,265.87.

Moritz Jr. purchased 3,891 shares at $128.57 on 2025-11-04, his second open-market buy of NTRS in the past week (following a purchase on 2025-10-27). This consecutive buying pattern and 139.2% expansion of his shareholding represent a substantial accumulation at Northern Trust. His prior trade at NTRS on 2025-04-24 delivered +35.6% 90-day return, demonstrating past timing accuracy at this ticker. Cross-ticker, his 4 prior buys show a 100% 90-day win rate with +21.0% average return, establishing a consistent pattern of well-timed purchases across his portfolio. At a P/E of 14.04 and with $2.0B quarterly revenue and +22.4% annual growth, the company's valuation and operational momentum provide context for his accumulation.

2025-11-05
medium
EVP and General Counsel
27,591 shares
$3,535,326
@ $128.13
Significance 5

Susan Cohen, EVP/General Counsel, sold 27,591 shares at $128.13 avg for $3.5M, reducing stake by 36.4%.

Levy Susan Cohen executed 2 separate sales totaling 27,591 shares for $3,535,325.86, reducing her NTRS holdings from 75,848 to 48,257 shares. At current price of $128.19 and 52-week range of $84.45–$134.60, the transaction occurred near the upper band of recent trading. Her prior sell at this ticker on 2024-10-25 returned +7.0% over 30 days and +7.1% over 90 days—poorly timed for exit, as the stock rose after the sale. The company shows solid fundamentals: $2,025,400,000 in latest quarterly revenue, net income of $457,600,000, annual revenue growth of +22.4%, and P/E of 14.04. Without scheduling information (10b5-1 plan or otherwise), the discretionary nature of this 36.4% reduction at elevated valuation levels warrants investor attention, though the magnitude of remaining holdings (48,257 shares) and fundamentals do not signal distress.

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