Northrop Grumman (NOC) exec Roeder sells 512 shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northrop Grumman Corporation executive Roshan S. Roeder, CVP & President of Mission Systems, sold 512 shares of common stock in an open-market transaction on February 19, 2026 at an average price of $727.62 per share. This sale, totaling roughly $372,000, was executed under a pre-established Rule 10b5-1 trading plan adopted on October 30, 2025. After the sale, Roeder directly held 4,107.39 shares of common stock and had an additional 115.9204 shares held indirectly in the Northrop Grumman Savings Plan, where balances are based on units that can change without an actual share acquisition or disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 512 shares ($372,541)
Net Sell
2 txns
Insider
ROEDER ROSHAN S
Role
CVP & Pres. Mission Systems
Sold
512 shs ($373K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 512 | $727.62 | $373K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,107.39 shares (Direct);
Common Stock — 115.92 shares (Indirect, Held in Northrop Grumman Savings Plan)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 30, 2025. Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contribution plan, as of February 19, 2026. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.
FAQ
What did Northrop Grumman (NOC) executive Roshan S. Roeder report on this Form 4?
Roshan S. Roeder reported selling 512 shares of Northrop Grumman common stock in an open-market transaction. The trade occurred on February 19, 2026 and reflects a planned sale under a previously adopted Rule 10b5-1 trading plan.
How large was Roshan S. Roeder’s Northrop Grumman (NOC) stock sale?
Roeder sold 512 shares of Northrop Grumman common stock at an average price of $727.62 per share. This represents an aggregate transaction value of roughly $372,000, based strictly on the price and share count disclosed in the Form 4 filing.
Was the Northrop Grumman (NOC) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Roeder on October 30, 2025. Such plans pre-schedule trades, helping separate personal trading decisions from day-to-day corporate news or nonpublic information.
What does the Northrop Grumman Savings Plan footnote mean in this Form 4?
The footnote explains that shares are held in the Northrop Grumman Savings Plan, a qualified defined contribution plan, using unit accounting. Unit changes may alter reported share totals for a participant even when no actual stock acquisition or disposition takes place.
Does this Northrop Grumman (NOC) Form 4 show only sales or other transactions too?
The Form 4 shows one open-market sale of 512 common shares and a separate line for indirect holdings in the Savings Plan. The plan holding entry reflects position reporting rather than a clearly identified buy or sell transaction in the disclosed data.