{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-137801","form_type":"8-K","ticker":"NTRS","cik":"0000073124","company_name":"NORTHERN TRUST CORP","filed_at":"2022-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.511235+00:00","generated_at":"2026-06-26T01:42:45.853957+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Northern Trust Asset Management President Shundrawn Thomas resigns effective June 1, 2022","bullets":["Shundrawn Thomas, President of Northern Trust Asset Management, steps down on June 1, 2022, to co-found a diverse-owned firm providing debt/equity solutions.","Transition agreement allows vesting of 100% of 2019-2020 RSUs/PSUs, 75% of 2021 grants, 50% of 2022 grants; remainder forfeited.","Thomas agrees to three-year non-solicitation of employees, clients and prospective clients, and availability to CEO through Dec 31, 2022.","CEO Michael O'Grady thanked Thomas for 18 years of service and championing diversity, equity and inclusion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-137801","json":"https://secwatch.observer/filing/0001193125-22-137801.json","markdown":"https://secwatch.observer/filing/0001193125-22-137801.md","text":"https://secwatch.observer/filing/0001193125-22-137801.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/73124/000119312522137801/0001193125-22-137801-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/73124/000119312522137801/d307609d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T01:42:45.853957+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"deef6983fa","claim":"Shundrawn A. Thomas departed as Executive Vice President and President—Asset Management at NORTHERN TRUST CORP.","evidence_excerpt":"Shundrawn A. Thomas, Executive Vice President and President—Asset Management, will be resigning from that position effective June 1, 2022 in order to pursue an outside entrepreneurial opportunity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/73124/000119312522137801/0001193125-22-137801-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigning"},{"label":"Role","value":"Executive Vice President and President—Asset Management"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}