Northern Trust EVP Susan Cohen Levy sells $3.51 million shares

Susan Cohen Levy, Executive Vice President and General Counsel at Northern Trust Corp (NASDAQ:NTRS), recently sold shares totaling approximately $3.51 million, according to a new SEC filing. The sales occurred between October 23 and October 26, 2026, following the exercise of stock options.

Ms. Levy acquired a total of 20,906 shares of common stock by exercising employee stock options at a price of $88.06 per share, amounting to a total value of $1,840,982. These options became exercisable in four equal annual installments beginning February 21, 2018.The timing of the sale comes as Northern Trust shares have delivered strong returns, with the stock up 38% over the past year and trading at $170.35, giving the company a market cap of $30.9 billion. According to InvestingPro analysis, the stock remains undervalued relative to its Fair Value, placing it among opportunities on the Most Undervalued list. The company trades at a P/E ratio of 13.4 with a notably low PEG ratio of 0.27.

Subsequently, Ms. Levy disposed of the same 20,906 shares of common stock, generating approximately $3,517,461. The sales prices for these transactions ranged between $168.15 and $168.69 per share. On October 23, 2026, 16,984 shares were sold at a weighted average price of $168.15, with individual sales prices ranging from $168.00 to $168.45. On October 26, 2026, an additional 3,922 shares were sold at $168.69 per share.

Following these reported transactions, Ms. Levy directly holds 59,378 shares of Northern Trust common stock. This total includes 13,916 stock units that are automatically payable on a one-for-one basis in shares of the corporation’s common stock. Additionally, Ms. Levy holds indirect beneficial ownership of 38,026 shares through a 2024 GRAT and 35,412 shares through an irrevocable trust, for which her spouse serves as trustee.

In other recent news, Northern Trust reported third-quarter 2026 earnings that exceeded Wall Street expectations. The company achieved earnings per share of $3.40, surpassing the projected $2.87. Revenue for the quarter reached $2.3 billion, slightly above the anticipated $2.26 billion. This performance was driven by stronger fee income and higher net interest income, contributing to more than 600 basis points of positive operating leverage. The earnings per share increased by 40% compared to the previous year, highlighting significant growth. Analysts had anticipated lower results, making this outcome noteworthy for investors. These recent developments suggest that Northern Trust is navigating current market conditions effectively.