Thread regarding Northern Trust Corp. layoffs

NT Insiders sold 355,000 shares for $41 million at average price of $117 since 2021

Insiders avoided $9 million in losses by selling ahead of the 2022 decline.

"Our core principles —Service, Expertise, Integrity (& insider trading) — have remained constant since our founding"

https://www.northerntrust.com/united-states/about-us/our-culture

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Post ID: @OP+1hjkeZfk

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The CEO's 2021 stock sales accounted for 41% of all insider sales. Suggests no confidence. The rest of the C-suite followed. And when financial SHTF, layoffs happen.

Just sayin.

"Our core principles —Service, Expertise, Integrity (& insider trading) — have remained constant since our founding"

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Post ID: @mnp+1hjkeZfk

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