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Planned sale of 784 Northrop Grumman (NOC) shares disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Northrop Grumman insider plans to sell restricted stock that recently vested. A holder has filed a Form 144 notice to sell up to 784 shares of common stock through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $550,410.63.

The shares were acquired as compensation through restricted stock vesting, including 203 shares on 02/13/2023 and 581 shares on 02/11/2026. The issuer had 141,921,621 common shares outstanding at the time referenced, providing context for the planned sale size.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for NOC disclose?

The filing discloses an insider’s intent to sell up to 784 common shares of Northrop Grumman through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $550,410.63, under Rule 144 resale provisions.

How many Northrop Grumman (NOC) shares are planned to be sold?

The notice covers a planned sale of 784 common shares. These shares are being registered for potential resale under Rule 144, meaning the holder has expressed an intention to sell this amount, subject to market conditions and applicable restrictions.

At what value are the NOC shares in this Form 144 filing?

The 784 Northrop Grumman shares are listed with an aggregate market value of $550,410.63. This figure reflects the market valuation tied to the planned transaction amount disclosed in the notice, not necessarily the final proceeds actually realized.

How and when were the NOC shares in this Form 144 acquired?

The shares were acquired as compensation through restricted stock vesting. The filing shows 203 shares vesting on 02/13/2023 and 581 shares vesting on 02/11/2026, all acquired directly from the issuer as part of pay arrangements.

What is the total number of Northrop Grumman shares outstanding referenced?

The notice states that 141,921,621 common shares of Northrop Grumman were outstanding. This figure provides a baseline for understanding the relative size of the planned 784-share sale compared with the company’s overall share count.

On which exchange will the NOC shares in this Form 144 be sold?

The filing indicates the common shares are planned to be sold on the NYSE. The broker named is Fidelity Brokerage Services LLC, which would handle the transaction under the Rule 144 resale framework described in the notice.
Northrop Grumman

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