[Form 4] NORTHROP GRUMMAN CORP /DE/ Insider Trading Activity
Warden Kathy J reported multiple insider transaction types in a Form 4 filing for NOC.
Rhea-AI Filing Summary
Warden Kathy J reported multiple insider transaction types in a Form 4 filing for NOC. The filing lists transactions totaling 121,361 shares at a weighted average price of $678.83 per share. Following the reported transactions, holdings were 102,064 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,546.16 shares exercised/converted
Exercise
5 txns
Insider
Warden Kathy J
Role
Chair, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Performance Stock Rights | 28,785.16 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Rights | 8,113 | $0.00 | $0.00 |
| Exercise | Restricted Performance Stock Rights | 34,546.16 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,546.16 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,371 | $678.83 | $10.43M |
Holdings After Transaction:
Restricted Stock Rights — 41,780 contracts (Direct);
Restricted Performance Stock Rights — 67,518 contracts (Direct);
Common Stock — 190,777.56 shares (Direct)
Footnotes (7)
- F1. Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d).
- F2. The RPSRs acquired include (i) 11,204.16 vested RPSRs with respect to the measurement period ended 12/31/25 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("2011 LTISP") on 2/16/23 that resulted in settlement at 148% of the target award; and (ii) 17,581 unvested RPSRs granted under the 2024 Long-Term Incentive Stock Plan (the "2024 LTISP") on 2/11/26 with a measurement period ending on 12/31/28. A total of 34,546.16 shares were issued in settlement of the 2023 RPSRs with a measurement period that ended 12/31/25, and the target award amount of 23,342 RPSRs was previously reported in connection with the grant of the 2023 RPSRs.
- F3. Total amount includes (i) 34,546.16 vested RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ended on 12/31/25; (ii) 24,309 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; (iii) 25,628 RPSRs granted under the 2024 LTISP on 2/18/25 with a measurement period ending on 12/31/27; and (iv) 17,581 RPSRs granted under the 2024 LTISP on 2/11/26 with a measurement period ending on 12/31/28.
- F4. Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock.
- F5. The RSRs were granted under the 2024 LTISP on 2/11/26 and will vest on 2/12/29.
- F6. Total amount includes (i) 10,760 RSRs granted under the 2011 LTISP on 2/16/23 that will vest on 2/17/26; (ii) 11,155 RSRs granted under the 2011 LTISP on 2/14/24 that will vest on 2/16/27; (iii) 11,752 RSRs granted under the 2024 LTISP on 2/18/25 that will vest on 2/18/28; and (iv) 8,113 RSRs granted under 2024 LTISP on 2/11/26 that will vest on 2/12/29.
- F7. Total amount includes (i) 24,309 RPSRs granted under the 2011 LTISP on 2/16/24 with a measurement period ending on 12/31/26; (ii) 25,628 RPSRs granted under the 2024 LTISP on 2/18/25 with a measurement period ending on 12/31/27; and (iii) 17,581 RPSRs granted under the 2024 LTISP on 2/11/26 with a measurement period ending 12/31/28.
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