Northrop Grumman (NOC) director reports 64-share equity award under 2024 plan
Rhea-AI Filing Summary
Northrop Grumman Corporation director reports routine equity compensation activity. On 12/31/2025, the director acquired 64 shares of Northrop Grumman common stock at $570.21 per share through deferral into a stock unit account under the company’s 2024 Long-Term Incentive Stock Plan, in a transaction exempt under Rule 16b-3. Following this transaction, the director beneficially owned 2,257 shares in the stock unit account. The filing notes that dividends credited on shares in this account are exempt from Section 16 and were not required to be reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 64 | $570.21 | $36K |
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, including dividends, held in a stock unit account pursuant to the Plan. Dividends earned on shares held in the stock unit account were exempt from Section 16 and not reportable under rule 16a-11.
FAQ
What insider transaction did Northrop Grumman (NOC) report on this Form 4?
The filing reports that a director of Northrop Grumman acquired 64 shares of common stock on 12/31/2025 through a stock unit account under the company’s 2024 Long-Term Incentive Stock Plan.
What plan was used for the equity reported in this Northrop Grumman (NOC) Form 4?
The shares were deferred into a stock unit account pursuant to the Northrop Grumman 2024 Long-Term Incentive Stock Plan, referred to as the Plan in the filing.
Was the director’s Northrop Grumman (NOC) transaction exempt from Section 16(b)?
Yes. The filing states that the transaction was exempt pursuant to Rule 16b-3, which generally covers certain issuer-approved compensation and benefit plan transactions.
How are dividends on the Northrop Grumman (NOC) stock unit account treated in this Form 4?
The filing explains that dividends earned on shares held in the stock unit account were exempt from Section 16 and therefore were not reportable under Rule 16a-11.