Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses NTRS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NTRS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Michael O'Grady | $1,000,000 | $0 | $6,150,111 | $0 | $2,730,000 | $135,667 | $43,376 | $10,059,154 |
| Chairman and Chief Executive Officer | ||||||||
| Peter Cherecwich | 675,000 | 0 | 2,502,615 | 0 | 1,447,500 | 131,638 | 25,786 | 4,782,539 |
| Chief Operating Officer | ||||||||
| Thomas South | 656,250 | 0 | 2,635,177 | 0 | 1,065,000 | 246,476 | 21,449 | 4,624,352 |
| Chief Information Officer | ||||||||
| Jason Tyler | 656,250 | 0 | 2,380,111 | 0 | 1,297,500 | 171,117 | 20,526 | 4,525,504 |
| President, Wealth Management | ||||||||
| David Fox | 646,250 | 0 | 1,533,225 | 0 | 1,147,500 | 92,106 | 31,992 | 3,451,073 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Michael O'Grady | $10,059,154 | — | $10,174,760 | — |
| Peter Cherecwich | 4,782,539 | 4,572,491 | 5,101,002 | +210,048 |
| Thomas South | 4,624,352 | — | — | — |
| Jason Tyler | 4,525,504 | 4,101,483 | 4,283,939 | +424,021 |
| David Fox | 3,451,073 | 2,017,262 | — | +1,433,811 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Chandra Dhandapani | Director | 2026-03-31 | A | 19.72 | $141 | $2,789 | Common | Form 4 ↗ |
| Donald Thompson | Director | 2026-03-31 | A | 268.68 | 140 | 37,500 | Common | Form 4 ↗ |
| Donald Thompson | Director | 2026-03-31 | A | 142.85 | 141 | 20,200 | Common | Form 4 ↗ |
| Dean M. Harrison | Director | 2026-03-31 | A | 322.42 | 140 | 45,000 | Common | Form 4 ↗ |
| Dean M. Harrison | Director | 2026-03-31 | A | 149.03 | 141 | 21,074 | Common | Form 4 ↗ |
| Chandra Dhandapani | Director | 2026-03-31 | A | 250.77 | 140 | 35,000 | Common | Form 4 ↗ |
| Martin P. Slark | Director | 2026-04-01 | A | 65.17 | 141 | 9,216 | Common | Form 4 ↗ |
| Richard Petrino | Director | 2026-04-01 | A | 2.43 | 141 | 344 | Common | Form 4 ↗ |
| Siddharth N. Bobby Mehta | Director | 2026-04-01 | A | 22.29 | 141 | 3,152 | Common | Form 4 ↗ |
| Charles A. Tribbett III | Director | 2026-04-01 | A | 86.31 | 141 | 12,205 | Common | Form 4 ↗ |
| Susan Crown | Director | 2026-04-01 | A | 82.65 | 141 | 11,688 | Common | Form 4 ↗ |
| Marcy S. Klevorn | Director | 2026-04-01 | A | 59.5 | 141 | 8,414 | Common | Form 4 ↗ |
| Chandra Dhandapani | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Siddharth N. Bobby Mehta | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Dean M. Harrison | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Charles A. Tribbett III | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Robert E. Moritz | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Martin P. Slark | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Siddharth N. Bobby Mehta | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Marcy S. Klevorn | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Marcy S. Klevorn | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Dean M. Harrison | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Martin P. Slark | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Susan Crown | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Susan Crown | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| David H. B. Smith Jr | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Richard Petrino | Director | 2026-04-21 | A | 17.45 | 172 | 2,997 | Common | Form 4 ↗ |
| Richard Petrino | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Jay L. Henderson | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Donald Thompson | Director | 2026-04-21 | A | 34.89 | 172 | 5,992 | Common | Form 4 ↗ |
| Donald Thompson | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Chandra Dhandapani | Director | 2026-04-21 | A | 989 | 0 | 0 | Common | Form 4 ↗ |
| Clive Bellows | Co-President Asset Servicing | 2026-04-24 | D | 2,800 | 165 | 462,056 | Common | Form 4 ↗ |
| David Fox | EVP & Chief Financial Officer | 2026-04-28 | D | 19,987 | 166 | 3,321,040 | Common | Form 4 ↗ |
| David Fox | EVP & Chief Financial Officer | 2026-04-28 | D | 13 | 166 | 2,155 | Common | Form 4 ↗ |
| David H. B. Smith Jr | Director | 2026-04-30 | A | 1,200 | 0 | 0 | Common | Form 4 ↗ |
| Robert E. Moritz | Director | 2026-05-01 | A | 225 | 166 | 37,442 | Common | Form 4 ↗ |
| Thomas South | Executive Vice President | 2026-05-04 | D | 1,300 | 0 | 0 | Common | Form 4 ↗ |
| Thomas South | Executive Vice President | 2026-05-22 | D | 320 | 0 | 0 | Common | Form 4 ↗ |
| Aengus Hallinan | Executive Vice President | 2026-06-01 | D | 2,707 | 167 | 451,582 | Common | Form 4 ↗ |
| Aengus Hallinan | Executive Vice President | 2026-06-03 | D | 2,555 | 167 | 426,941 | Common | Form 4 ↗ |
| Aengus Hallinan | Executive Vice President | 2026-06-03 | D | 1,113 | 168 | 186,939 | Common | Form 4 ↗ |
| Donald Thompson | Director | 2026-06-30 | A | 125.75 | 176 | 22,082 | Common | Form 4 ↗ |
| Dean M. Harrison | Director | 2026-06-30 | A | 258.86 | 174 | 45,000 | Common | Form 4 ↗ |
| Donald Thompson | Director | 2026-06-30 | A | 215.72 | 174 | 37,501 | Common | Form 4 ↗ |
| Chandra Dhandapani | Director | 2026-06-30 | A | 201.33 | 174 | 34,999 | Common | Form 4 ↗ |
| Chandra Dhandapani | Director | 2026-06-30 | A | 25.94 | 176 | 4,555 | Common | Form 4 ↗ |
| Dean M. Harrison | Director | 2026-06-30 | A | 130.96 | 176 | 22,997 | Common | Form 4 ↗ |
| Susan Crown | Director | 2026-07-01 | A | 75.75 | 176 | 13,302 | Common | Form 4 ↗ |
| Siddharth N. Bobby Mehta | Director | 2026-07-01 | A | 26.88 | 176 | 4,720 | Common | Form 4 ↗ |
| Martin P. Slark | Director | 2026-07-01 | A | 61.6 | 176 | 10,817 | Common | Form 4 ↗ |
| Richard Petrino | Director | 2026-07-01 | A | 5.39 | 176 | 946 | Common | Form 4 ↗ |
| Marcy S. Klevorn | Director | 2026-07-01 | A | 57.01 | 176 | 10,011 | Common | Form 4 ↗ |
| Charles A. Tribbett III | Director | 2026-07-01 | A | 69.9 | 176 | 12,274 | Common | Form 4 ↗ |
| Robert E. Moritz | Director | 2026-07-29 | A | 255 | 180 | 45,790 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Michael O'Grady | PSU | 2025-02-05 | 8,827 | 35,308 | — | 52,962 | $3,997,572 |
| Jason Tyler | RSU | 2025-02-05 | — | — | 7,358 | — | 833,073 |
| Michael O'Grady | RSU | 2025-02-05 | — | — | 19,012 | — | 2,152,539 |
| Thomas South | RSU | 2025-02-05 | — | — | 25,850 | — | 2,635,177 |
| Peter Cherecwich | PSU | 2025-02-05 | 3,592 | 14,367 | — | 21,551 | 1,626,632 |
| Jason Tyler | PSU | 2025-02-05 | 3,416 | 13,664 | — | 20,496 | 1,547,038 |
| Peter Cherecwich | RSU | 2025-02-05 | — | — | 7,737 | — | 875,983 |
| David Fox | RSU | 2025-02-05 | — | — | 4,740 | — | 536,663 |
| David Fox | PSU | 2025-02-05 | 2,201 | 8,802 | — | 13,203 | 996,562 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael O'Grady | $2,152,539 | $3,997,572 | $0 | 65.0% |
| Jason Tyler | 833,073 | 1,547,038 | 0 | 65.0% |
| Thomas South | 2,635,177 | 0 | 0 | 0.0% |
| Peter Cherecwich | 875,983 | 1,626,632 | 0 | 65.0% |
| David Fox | 536,663 | 996,562 | 0 | 65.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| David Fox | PSU | 19,773 | — | $2,700,794 |
| David Fox | RSU | 13,807 | — | 1,885,898 |
| Peter Cherecwich | PSU | 86,186 | — | 11,772,146 |
| Jason Tyler | PSU | 74,837 | — | 10,221,986 |
| Thomas South | PSU | 49,353 | — | 6,741,126 |
| Thomas South | RSU | 33,339 | — | 4,553,774 |
| Jason Tyler | RSU | 21,580 | — | 2,947,612 |
| Peter Cherecwich | RSU | 23,851 | — | 3,257,808 |
The Committee believes this structure provides a clear and transparent explanation of the link between strategy, performance, and pay, aligning with the One Northern Trust strategy to drive accountability for corporate and individual results while balancing sustainable growth, risk management, and financial performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-21 | 148,700,308 | 9,443,599 | 765,209 | 94.03% | Passed |
| 2025 | 2025-04-22 | 160,197,683 | 6,880,154 | 2,643,418 | 95.88% | Passed |
| 2024 | 2024-04-16 | 166,292,990 | 9,010,669 | 382,316 | 94.86% | Passed |
| 2023 | 2023-04-25 | 175,807,644 | 5,495,682 | 358,961 | 96.97% | Passed |
| 2022 | 2022-04-26 | 173,789,021 | 8,180,171 | 265,460 | 95.5% | Passed |
| 2021 | 2021-04-20 | 167,662,192 | 8,954,856 | 302,331 | 94.93% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-04-21 | 94.03%a |
| 2025 | 2025-04-22 | 95.88%b |
| 2024 | 2024-04-16 | 94.86%c |
a. Approved under the standard stated in the filing — “• Abstentions with respect to a nominee will have no effect on the election of such nominee.”.
b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote AGAINST this item.”.
c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote AGAINST this item.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 136 : 1 |
|---|---|
| CEO total compensation | $10,059,154 |
| Median employee compensation | $73,867 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jay L. HendersonIndependent · Lead Independent Director · Audit · Compensation · Nominating/Governance | $253,462 | $169,963 | $0 | $0 | $0 | $423,425 |
| Dean M. HarrisonIndependent · Audit · Compensation · Nominating/Governance | 195,385 | 169,963 | 0 | 0 | 0 | 365,348 |
| Siddharth N. Bobby MehtaIndependent · Audit · Compensation · Nominating/Governance | 185,000 | 169,963 | 0 | 0 | 0 | 354,963 |
| Marcy S. KlevornIndependent · Audit · Compensation · Nominating/Governance | 165,000 | 169,963 | 0 | 0 | 0 | 334,963 |
| David H. B. Smith JrIndependent · Audit · Compensation · Nominating/Governance (Chair) | 161,923 | 169,963 | 0 | 0 | 0 | 331,886 |
| Donald ThompsonIndependent · Audit · Compensation · Nominating/Governance | 148,462 | 169,963 | 0 | 0 | 0 | 318,425 |
| Chandra DhandapaniIndependent · Audit (Chair) · Nominating/Governance | 132,207 | 169,963 | 0 | 0 | 0 | 302,170 |
| Martin P. SlarkIndependent · Audit · Compensation · Nominating/Governance | 127,308 | 169,963 | 0 | 0 | 0 | 297,271 |
| Richard PetrinoIndependent · Audit · Compensation · Nominating/Governance · Partial-year service | 125,791 | 169,963 | 0 | 0 | 0 | 295,754 |
| Susan CrownIndependent · Audit · Compensation · Nominating/Governance | 123,846 | 169,963 | 0 | 0 | 0 | 293,809 |
| Charles A. Tribbett IIIIndependent · Compensation (Chair) · Nominating/Governance | 123,846 | 169,963 | 0 | 0 | 0 | 293,809 |
| Robert E. MoritzIndependent · Audit · Compensation · Nominating/Governance · Partial-year service | 110,718 | 169,963 | 0 | 0 | 0 | 280,681 |
| Linda Walker BynoeIndependent · Audit · Compensation · Nominating/Governance · Departed during FY | 44,615 | — | 0 | 0 | 0 | 44,615 |
| Michael G. O'GradyEmployee director · Board Chair · Audit · Compensation · Nominating/Governance | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $110,000 |
|---|---|
| Annual equity retainer | $170,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 40,000 / 30,000 / 30,000 |
| Stock ownership guideline | 5x annual cash retainer ($550,000) |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,897,563 |
| Equity awards (grant-date value) | $2,039,556 |
| All other compensation | $0 |
| Total cost of the board | $3,937,119 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Northern Trust Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Northern Trust Corp.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | The Bank of New York Mellon Corporation | 2025 | Robin Vince | $1,300,000 | $47,440,141 | $25,000,004 | $9,510,000 | $83,472,970 |
| 2 | BlackRock, Inc. | 2025 | Laurence Fink | 1,500,000 | 24,600,184 | 0 | 0 | 37,749,569 |
| 3 | The PNC Financial Services Group, Inc. | 2025 | William Demchak | 1,300,000 | 17,500,184 | 0 | 9,200,000 | 29,503,081 |
| 4 | State Street Corporation | 2025 | Ronald O'Hanley | 1,200,000 | 12,764,924 | 0 | 5,399,375 | 19,529,070 |
| 5 | The Charles Schwab Corporation | 2025 | Richard Wurster | 1,248,468 | 7,612,553 | 5,075,019 | 4,727,416 | 18,755,222 |
| 6 | T. Rowe Price Group, Inc. | 2025 | Robert Sharps | 350,000 | 8,401,689 | 0 | 8,401,500 | 17,245,792 |
| 7 | Franklin Resources, Inc. | 2025 | Jennifer Johnson | 750,000 | 8,959,771 | 0 | 6,925,000 | 16,844,816 |
| 8 | U.S. Bancorp | 2025 | Gunjan Kedia | 1,141,667 | 11,499,996 | 0 | 3,232,267 | 16,674,515 |
| 9 | Truist Financial Corporation | 2025 | William Rogers | 1,200,000 | 7,275,126 | 0 | 4,095,000 | 14,313,770 |
| 10 | M&T Bank Corporation | 2025 | Ren F. Jones | 1,100,000 | 6,660,238 | 740,022 | 0 | 12,015,250 |
| 11 | KeyCorp | 2025 | Christopher Gorman | 1,200,000 | 6,209,991 | 689,998 | 3,240,000 | 11,522,025 |
| 12 | Fifth Third Bancorp | 2025 | Timothy Spence | 1,116,635 | 7,140,040 | 0 | 2,328,750 | 11,052,366 |
| 13 | Northern Trust Corp | 2025 | Michael O'Grady | 1,000,000 | 6,150,111 | 0 | 2,730,000 | 10,059,154 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Northern Trust Corp | not disclosed | not disclosed | not disclosed | not disclosed |
| BlackRock, Inc. | not disclosed | PSU 74 · RSU 26 | No | Semler Brossy |
| Fifth Third Bancorp | 103.5% | PSU 60 · RSU 40 | No | F.W. Cook |
| Franklin Resources, Inc. | 1847% | PSU 100 | Yes | Semler Brossy Consulting Group |
| KeyCorp | 120% | PSU 60 · RSU 30 · Options 10 | No | Compensation Advisory Partners (CAP) |
| M&T Bank Corporation | not disclosed | PSU 90 · Options 10 | No | Aon Human Capital Solutions |
| State Street Corporation | 132.5% | PRSU 62 · DSA 38 | No | Meridian Compensation Partners |
| T. Rowe Price Group, Inc. | not disclosed | RSU 50 · PRSU 50 | not disclosed | not disclosed |
| The Bank of New York Mellon Corporation | not disclosed | PSU 75 · RSU 25 | Yes — TSR percentile vs. Relative Peer Group | Meridian |
| The Charles Schwab Corporation | 116.5% | PSU 60 · Options 40 | No | Semler Brossy |
| The PNC Financial Services Group, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Truist Financial Corporation | 105% | PSU 40 · RSU 35 · Cash LTI 25 | Yes — 3-Year Relative TSR | Farient Advisors LLC |
| U.S. Bancorp | not disclosed | PRSU 60 · RSU 40 | not disclosed | not disclosed |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Michael O'Grady | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Summary Compensation Table” · page 72. As printed: 10,059,154. Filing ↗machine: r3 · c36 · span 1256395–1256406 |
| 2 | Section 01, Peter Cherecwich | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Summary Compensation Table” · page 72. As printed: 4,782,539. Filing ↗machine: r9 · c36 · span 1275602–1275611 |
| 3 | Section 01, Thomas South | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Summary Compensation Table” · page 72. As printed: 4,624,352. Filing ↗machine: r15 · c36 · span 1295208–1295217 |
| 4 | Section 01, Jason Tyler | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Summary Compensation Table” · page 72. As printed: 4,525,504. Filing ↗machine: r12 · c36 · span 1285308–1285317 |
| 5 | Section 01, David Fox | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Summary Compensation Table” · page 72. As printed: 3,451,073. Filing ↗machine: r6 · c36 · span 1266075–1266084 |
| 6 | Section 03, Michael O'Grady PSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r6 · c7 · span 1333825–1333831 |
| 7 | Section 03, Jason Tyler RSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r14 · c10 · span 1347588–1347595 |
| 8 | Section 03, Michael O'Grady RSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r5 · c8 · span 1331973–1331979 |
| 9 | Section 03, Thomas South RSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r17 · c8 · span 1352583–1352589 |
| 10 | Section 03, Peter Cherecwich PSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r12 · c7 · span 1343849–1343855 |
| 11 | Section 03, Jason Tyler PSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r15 · c7 · span 1348865–1348871 |
| 12 | Section 03, Peter Cherecwich RSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r11 · c10 · span 1342572–1342579 |
| 13 | Section 03, David Fox RSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r8 · c10 · span 1337549–1337556 |
| 14 | Section 03, David Fox PSU | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t215 · r9 · c7 · span 1338826–1338831 |
| 15 | Section 07, pay ratio | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “CEO Pay Ratio”. As printed: 136 : 1. Filing ↗machine: t237 · r2 · c2 · span 1675167–1675173 |
| 16 | Section 08, Jay L. Henderson | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 423,425. Filing ↗machine: span 743416–743423 |
| 17 | Section 08, Dean M. Harrison | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 365,348. Filing ↗machine: span 741449–741456 |
| 18 | Section 08, Siddharth N. Bobby Mehta | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 354,963. Filing ↗machine: span 747108–747115 |
| 19 | Section 08, Marcy S. Klevorn | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 334,963. Filing ↗machine: span 745119–745126 |
| 20 | Section 08, David H. B. Smith Jr | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 331,886. Filing ↗machine: span 753893–753900 |
| 21 | Section 08, Donald Thompson | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 318,425. Filing ↗machine: span 755595–755602 |
| 22 | Section 08, Chandra Dhandapani | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 302,170. Filing ↗machine: span 739482–739489 |
| 23 | Section 08, Martin P. Slark | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 297,271. Filing ↗machine: span 752215–752222 |
| 24 | Section 08, Richard Petrino | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 295,754. Filing ↗machine: span 750513–750520 |
| 25 | Section 08, Susan Crown | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 293,809. Filing ↗machine: span 737777–737784 |
| 26 | Section 08, Charles A. Tribbett III | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 293,809. Filing ↗machine: span 757645–757652 |
| 27 | Section 08, Robert E. Moritz | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 280,681. Filing ↗machine: span 748811–748818 |
| 28 | Section 08, Linda Walker Bynoe | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 44,615. Filing ↗machine: span 735816–735822 |
| 29 | Section 08, Michael G. O'Grady | DEF 14A | 2026-03-11 | 0000073124-26-000022 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 30 | Section 02, Chandra Dhandapani 2026-03-31 | Form 4 | 2026-04-02 | 0001750288-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Donald Thompson 2026-03-31 | Form 4 | 2026-04-02 | 0001374074-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Donald Thompson 2026-03-31 | Form 4 | 2026-04-02 | 0001374074-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Dean M. Harrison 2026-03-31 | Form 4 | 2026-04-02 | 0001629460-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Dean M. Harrison 2026-03-31 | Form 4 | 2026-04-02 | 0001629460-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Chandra Dhandapani 2026-03-31 | Form 4 | 2026-04-02 | 0001750288-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Martin P. Slark 2026-04-01 | Form 4 | 2026-04-02 | 0001012930-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Richard Petrino 2026-04-01 | Form 4 | 2026-04-02 | 0001736600-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Siddharth N. Bobby Mehta 2026-04-01 | Form 4 | 2026-04-02 | 0001321443-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Charles A. Tribbett III 2026-04-01 | Form 4 | 2026-04-02 | 0001323371-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Susan Crown 2026-04-01 | Form 4 | 2026-04-02 | 0001124194-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Marcy S. Klevorn 2026-04-01 | Form 4 | 2026-04-02 | 0001692367-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Chandra Dhandapani 2026-04-21 | Form 4 | 2026-04-23 | 0001750288-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Siddharth N. Bobby Mehta 2026-04-21 | Form 4 | 2026-04-23 | 0001321443-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Dean M. Harrison 2026-04-21 | Form 4 | 2026-04-23 | 0001629460-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, Charles A. Tribbett III 2026-04-21 | Form 4 | 2026-04-23 | 0001323371-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Robert E. Moritz 2026-04-21 | Form 4 | 2026-04-23 | 0002033834-26-000010 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 02, Martin P. Slark 2026-04-21 | Form 4 | 2026-04-23 | 0001012930-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 48 | Section 02, Siddharth N. Bobby Mehta 2026-04-21 | Form 4 | 2026-04-23 | 0001321443-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 49 | Section 02, Marcy S. Klevorn 2026-04-21 | Form 4 | 2026-04-23 | 0001692367-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 50 | Section 02, Marcy S. Klevorn 2026-04-21 | Form 4 | 2026-04-23 | 0001692367-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 51 | Section 02, Dean M. Harrison 2026-04-21 | Form 4 | 2026-04-23 | 0001629460-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 52 | Section 02, Martin P. Slark 2026-04-21 | Form 4 | 2026-04-23 | 0001012930-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 53 | Section 02, Susan Crown 2026-04-21 | Form 4 | 2026-04-23 | 0001124194-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 54 | Section 02, Susan Crown 2026-04-21 | Form 4 | 2026-04-23 | 0001124194-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 55 | Section 02, David H. B. Smith Jr 2026-04-21 | Form 4 | 2026-04-23 | 0001478669-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 56 | Section 02, Richard Petrino 2026-04-21 | Form 4 | 2026-04-23 | 0001736600-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 57 | Section 02, Richard Petrino 2026-04-21 | Form 4 | 2026-04-23 | 0001736600-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 58 | Section 02, Jay L. Henderson 2026-04-21 | Form 4 | 2026-04-23 | 0001673525-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 59 | Section 02, Donald Thompson 2026-04-21 | Form 4 | 2026-04-23 | 0001374074-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 60 | Section 02, Donald Thompson 2026-04-21 | Form 4 | 2026-04-23 | 0001374074-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 61 | Section 02, Chandra Dhandapani 2026-04-21 | Form 4 | 2026-04-23 | 0001750288-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 62 | Section 02, Clive Bellows 2026-04-24 | Form 4 | 2026-04-28 | 0002027224-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 63 | Section 02, David Fox 2026-04-28 | Form 4 | 2026-04-29 | 0002039870-26-000014 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 64 | Section 02, David Fox 2026-04-28 | Form 4 | 2026-04-29 | 0002039870-26-000014 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 65 | Section 02, David H. B. Smith Jr 2026-04-30 | Form 4 | 2026-05-01 | 0001478669-26-000011 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 66 | Section 02, Robert E. Moritz 2026-05-01 | Form 4 | 2026-05-04 | 0002033834-26-000012 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 67 | Section 02, Thomas South 2026-05-04 | Form 4 | 2026-05-04 | 0001751051-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 68 | Section 02, Thomas South 2026-05-22 | Form 4 | 2026-05-26 | 0001751051-26-000010 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 69 | Section 02, Aengus Hallinan 2026-06-01 | Form 4 | 2026-06-02 | 0002071440-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 70 | Section 02, Aengus Hallinan 2026-06-03 | Form 4 | 2026-06-04 | 0002071440-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 71 | Section 02, Aengus Hallinan 2026-06-03 | Form 4 | 2026-06-04 | 0002071440-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 72 | Section 02, Donald Thompson 2026-06-30 | Form 4 | 2026-07-02 | 0001374074-26-000010 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 73 | Section 02, Dean M. Harrison 2026-06-30 | Form 4 | 2026-07-02 | 0001629460-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 74 | Section 02, Donald Thompson 2026-06-30 | Form 4 | 2026-07-02 | 0001374074-26-000010 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 75 | Section 02, Chandra Dhandapani 2026-06-30 | Form 4 | 2026-07-02 | 0001750288-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 76 | Section 02, Chandra Dhandapani 2026-06-30 | Form 4 | 2026-07-02 | 0001750288-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 77 | Section 02, Dean M. Harrison 2026-06-30 | Form 4 | 2026-07-02 | 0001629460-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 78 | Section 02, Susan Crown 2026-07-01 | Form 4 | 2026-07-02 | 0001124194-26-000013 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 79 | Section 02, Siddharth N. Bobby Mehta 2026-07-01 | Form 4 | 2026-07-02 | 0001321443-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 80 | Section 02, Martin P. Slark 2026-07-01 | Form 4 | 2026-07-02 | 0001012930-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 81 | Section 02, Richard Petrino 2026-07-01 | Form 4 | 2026-07-02 | 0001736600-26-000010 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 82 | Section 02, Marcy S. Klevorn 2026-07-01 | Form 4 | 2026-07-02 | 0001692367-26-000011 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 83 | Section 02, Charles A. Tribbett III 2026-07-01 | Form 4 | 2026-07-02 | 0001323371-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 84 | Section 02, Robert E. Moritz 2026-07-29 | Form 4 | 2026-07-30 | 0002033834-26-000019 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 85 | Section 06, 2026 vote | Form 8-K | 2026-04-22 | 0000073124-26-000031 | Item 5.07 · say-on-pay result. As reported: 94.03% (votes for as printed: 148,700,308). Filing ↗ |
| 86 | Section 06, 2025 vote | Form 8-K | 2025-04-23 | 0000073124-25-000159 | Item 5.07 · say-on-pay result. As reported: 95.88% (votes for as printed: 160,197,683). Filing ↗ |
| 87 | Section 06, 2024 vote | Form 8-K | 2024-04-19 | 0000073124-24-000155 | Item 5.07 · say-on-pay result. As reported: 94.86% (votes for as printed: 166,292,990). Filing ↗ |
| 88 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 89 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 90 | Section 09b board cost (computed) | Computed | — | computed | Cash 1,897,563 + equity 2,039,556 + all other 0 = 3,937,119, summed across the director compensation table rows.machine: formula: Σ = 3,937,119 |
| 91 | The Bank of New York Mellon Corporation, Section 10b CEO total | DEF 14A | 2026-03-05 | 0001193125-26-092500 | CEO total compensation as printed in The Bank of New York Mellon Corporation's own proxy. As printed: 83,472,970. Filing ↗machine: t239 · r3 · c34 · span 1121523–1121533 |
| 92 | BlackRock, Inc., Section 10b CEO total | DEF 14A | 2026-04-10 | 0001308179-26-000262 | CEO total compensation as printed in BlackRock, Inc.'s own proxy. As printed: 37,749,569. Filing ↗machine: span 1984856–1984866 |
| 93 | The PNC Financial Services Group, Inc., Section 10b CEO total | DEF 14A | 2026-03-11 | 0001193125-26-102189 | CEO total compensation as printed in The PNC Financial Services Group, Inc.'s own proxy. As printed: 29,503,081. Filing ↗machine: t444 · r4 · c39 · span 1847804–1847814 |
| 94 | State Street Corporation, Section 10b CEO total | DEF 14A | 2026-04-08 | 0001140361-26-013817 | CEO total compensation as printed in State Street Corporation's own proxy. As printed: 19,529,070. Filing ↗machine: t240 · r2 · c25 · span 1621758–1621768 |
| 95 | The Charles Schwab Corporation, Section 10b CEO total | DEF 14A | 2026-04-06 | 0001193125-26-142826 | CEO total compensation as printed in The Charles Schwab Corporation's own proxy. As printed: 18,755,222. Filing ↗machine: span 943741–943751 |
| 96 | T. Rowe Price Group, Inc., Section 10b CEO total | DEF 14A | 2026-03-17 | 0001104659-26-028876 | CEO total compensation as printed in T. Rowe Price Group, Inc.'s own proxy. As printed: 17,245,792. Filing ↗machine: span 1474238–1474248 |
| 97 | Franklin Resources, Inc., Section 10b CEO total | DEF 14A | 2025-12-22 | 0001140361-25-046314 | CEO total compensation as printed in Franklin Resources, Inc.'s own proxy. As printed: 16,844,816. Filing ↗machine: r8 · c22 · span 1261002–1261012 |
| 98 | U.S. Bancorp, Section 10b CEO total | DEF 14A | 2026-03-10 | 0001104659-26-025844 | CEO total compensation as printed in U.S. Bancorp's own proxy. As printed: 16,674,515. Filing ↗machine: r1 · c42 · span 1202461–1202471 |
| 99 | Truist Financial Corporation, Section 10b CEO total | DEF 14A | 2026-03-16 | 0001193125-26-107144 | CEO total compensation as printed in Truist Financial Corporation's own proxy. As printed: 14,313,770. Filing ↗machine: r4 · c39 · span 1270472–1270482 |
| 100 | M&T Bank Corporation, Section 10b CEO total | DEF 14A | 2026-03-10 | 0001193125-26-099298 | CEO total compensation as printed in M&T Bank Corporation's own proxy. As printed: 12,015,250. Filing ↗machine: r4 · c44 · span 1089966–1089976 |
| 101 | KeyCorp, Section 10b CEO total | DEF 14A | 2026-03-27 | 0001193125-26-127600 | CEO total compensation as printed in KeyCorp's own proxy. As printed: 11,522,025. Filing ↗machine: r4 · c27 · span 1106750–1106760 |
| 102 | Fifth Third Bancorp, Section 10b CEO total | DEF 14A | 2026-03-09 | 0001193125-26-098679 | CEO total compensation as printed in Fifth Third Bancorp's own proxy. As printed: 11,052,366. Filing ↗machine: r5 · c39 · span 1258762–1258772 |
| 103 | Northern Trust Corp (subject), Section 10b CEO total | DEF 14A | 2026-03-11 | 0000073124-26-000022 | CEO total compensation as printed in Northern Trust Corp's own proxy. As printed: 10,059,154. Filing ↗machine: r3 · c36 · span 1256395–1256406 |
| 104 | Section 10a, BlackRock, Inc. reciprocity | DEF 14A | — | 0001308179-26-000262 | BlackRock, Inc. names Northern Trust Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 105 | Section 10a, Fifth Third Bancorp reciprocity | DEF 14A | — | 0001193125-26-098679 | Fifth Third Bancorp's most recent proxy was read; its disclosed peer group does not include Northern Trust Corp. Filing ↗ |
| 106 | Section 10a, Franklin Resources, Inc. reciprocity | DEF 14A | — | 0001140361-25-046314 | Franklin Resources, Inc. names Northern Trust Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 107 | Section 10a, KeyCorp reciprocity | DEF 14A | — | 0001193125-26-127600 | KeyCorp's most recent proxy was read; its disclosed peer group does not include Northern Trust Corp. Filing ↗ |
| 108 | Section 10a, U.S. Bancorp reciprocity | DEF 14A | — | 0001104659-26-025844 | U.S. Bancorp's most recent proxy was read; its disclosed peer group does not include Northern Trust Corp. Filing ↗ |
| 109 | Section 10a, M&T Bank Corporation reciprocity | DEF 14A | — | 0001193125-26-099298 | M&T Bank Corporation's most recent proxy was read; its disclosed peer group does not include Northern Trust Corp. Filing ↗ |
| 110 | Section 10a, Truist Financial Corporation reciprocity | DEF 14A | — | 0001193125-25-055156 | Truist Financial Corporation's most recent proxy was read; its disclosed peer group does not include Northern Trust Corp. Filing ↗ |
| 111 | Section 10a, T. Rowe Price Group, Inc. reciprocity | DEF 14A | — | 0001104659-26-028876 | T. Rowe Price Group, Inc. names Northern Trust Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 112 | Section 10a, The Charles Schwab Corporation reciprocity | DEF 14A | — | 0001193125-26-142826 | The Charles Schwab Corporation names Northern Trust Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 113 | Section 10a, The Bank of New York Mellon Corporation reciprocity | DEF 14A | — | 0001193125-26-092500 | The Bank of New York Mellon Corporation names Northern Trust Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |