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.