Business Context and Reporting Period
Company: Northern Trust Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: August 3, 2026
Event: Announcement of the redemption of Series D Non-Cumulative Perpetual Preferred Stock.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt levels, or liquidity ratios. The report focuses exclusively on a capital structure event.
Material Changes
- Preferred Stock Redemption: Northern Trust Corporation announced the redemption of all issued and outstanding shares of its Series D Non-Cumulative Perpetual Preferred Stock.
- Redemption Date: October 1, 2026.
- Associated Securities: The redemption includes the corresponding depositary shares, each representing a 1/100th interest in a share of the Series D Preferred Stock.
Guidance, Outlook, and Risks
The filing does not provide updated financial guidance, management commentary on future outlook, or specific risk factors beyond the execution of the redemption. The event is presented as a definitive corporate action with a set redemption date.
Investor Verification Checklist
- Verify the exact redemption price per share for the Series D Preferred Stock (not explicitly stated in this summary text).
- Confirm the impact of this redemption on the company's total preferred stock outstanding and capital structure.
- Review the full text of the press release (Exhibit 99.1) for any additional terms or conditions regarding the redemption.
- Check subsequent filings for confirmation of the redemption execution on October 1, 2026.