Northrop Grumman (NOC) director receives 71-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northrop Grumman director Christopher W. Grady reported an equity award of common stock under the company’s long-term incentive program. On February 12, 2026, he acquired 71 shares of common stock at a reported price of $695.06 per share in a transaction categorized as a grant or award.
According to the disclosure, these shares were deferred into a stock unit account pursuant to the Northrop Grumman 2024 Long-Term Incentive Stock Plan, in a transaction exempt under Rule 16b-3. Following this award, Grady’s directly held stock unit account reflected 71 shares of common stock equivalents pursuant to the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grady Christopher W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 71 | $695.06 | $49K |
Holdings After Transaction:
Common Stock — 71 shares (Direct)
Footnotes (1)
- Represents shares of common stock deferred into a stock unit account pursuant to the Northrop Grumman 2024 Long-Term Incentive Stock Plan (the "Plan") in a transaction exempt pursuant to Rule 16b-3. Represents shares of common stock held in a stock unit account pursuant to the Plan.
FAQ
What insider transaction did Northrop Grumman (NOC) report for Christopher W. Grady?
Northrop Grumman reported that director Christopher W. Grady acquired 71 shares of common stock as an equity award. The shares were deferred into a stock unit account under the 2024 Long-Term Incentive Stock Plan in a transaction exempt under Rule 16b-3.
What plan governs Christopher W. Grady’s latest Northrop Grumman (NOC) stock unit award?
The award is governed by the Northrop Grumman 2024 Long-Term Incentive Stock Plan. Under this plan, the 71 common shares were deferred into a stock unit account, providing equity-based compensation aligned with the company’s long-term performance framework for eligible participants.
Was Christopher W. Grady’s Northrop Grumman (NOC) stock award a market purchase or an equity grant?
The transaction was an equity grant, not a market purchase. It is classified under transaction code A, described as a grant, award, or other acquisition, and involved deferring 71 common shares into a stock unit account under the company’s 2024 long-term incentive plan.