Northern Trust EVP Susan Cohen Levy sells $3.51 million shares

Northern Trust Corp's Executive Vice President and General Counsel, Susan Cohen Levy, recently sold a significant amount of shares, totaling approximately $3.51 million. This occurred between October 23 and October 26, 2026, following the exercise of stock options. She acquired 20,906 shares by exercising employee options at $88.06 per share, valued at $1,840,982.

The sale occurred as Northern Trust shares had strong returns, up 38% over the past year, trading at $170.35 and having a market cap of $30.9 billion. The stock was deemed undervalued on InvestingPro analysis, placing it among opportunities on the Most Undervalued list with a P/E ratio of 13.4 and a PEG ratio of 0.27. Levy sold her 20,906 shares at prices ranging between $168.15 and $168.69 per share, with 16,984 shares on October 23 at a weighted average price of $168.15 and an additional 3,922 shares on October 26 at $168.69.

Following the sales, she directly holds 59,378 shares of Northern Trust common stock, including 13,916 stock units payable in shares, 38,026 shares through a 2024 GRAT and 35,412 shares through an irrevocable trust held by her spouse. Northern Trust reported third-quarter 2026 earnings exceeding expectations, with earnings per share of $3.40 and revenue at $2.3 billion, driven by stronger fee income and higher net interest income.