Filing Details
- Accession Number:
- 0001628280-25-006864
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-20 17:18:48
- Reporting Period:
- 2025-02-18
- Filing Date:
- 2025-02-20
- Accepted Time:
- 2025-02-20 17:18:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1133421 | Northrop Grumman Corp | NOC | Search, Detection, Navagation, Guidance, Aeronautical Sys (3812) | 800640649 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1986485 | G Kathryn Simpson | 2980 Fairview Park Drive Falls Church VA 22042 | Corp Vp & General Counsel | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2025-02-18 | 1,097 | $0.00 | 2,764 | No | 4 | M | Direct | |
Common Stock | Disposition | 2025-02-18 | 366 | $441.36 | 2,398 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2025-02-18 | 468 | $0.00 | 2,866 | No | 4 | M | Direct | |
Common Stock | Disposition | 2025-02-18 | 163 | $441.36 | 2,703 | No | 4 | F | Direct | |
Common Stock | Disposition | 2025-02-18 | 889 | $445.35 | 1,814 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Performance Stock Rights | Acquisiton | 2025-02-18 | 4,356 | $0.00 | 4,356 | $0.00 |
Common Stock | Restricted Stock Rights | Acquisiton | 2025-02-18 | 1,965 | $0.00 | 1,965 | $0.00 |
Common Stock | Restricted Performance Stock Rights | Disposition | 2025-02-18 | 1,097 | $0.00 | 1,097 | $0.00 |
Common Stock | Restricted Stock Rights | Disposition | 2025-02-18 | 468 | $0.00 | 468 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
10,057 | No | 4 | A | Direct | ||
4,552 | No | 4 | A | Direct | ||
8,960 | No | 4 | M | Direct | ||
4,084 | No | 4 | M | Direct |
Footnotes
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2024.
- 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).
- The RPSRs acquired include (i) 71.75 vested RPSRs with respect to the measurement period ended 12/31/24 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("2011 LTISP") on 2/15/22 that resulted in settlement at 107% of the target award; and (ii) 4,284 unvested RPSRs granted under the 2024 Long-Term Incentive Stock Plan (the "2024 LTISP") on 2/18/25 with a measurement period ending on 12/31/27. A total of 1,096.75 shares were issued in settlement of the 2022 RPSRs with a measurement period that ended 12/31/24, and the target award amount of 1,025 RPSRs was previously reported in connection with the grant of the 2022 RPSRs.
- Total amount includes (i) 1,096.75 vested RPSRs granted under the 2011 LTISP on 2/15/22 with a measurement period ended on 12/31/24; (ii) 902 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (iii) 3,774 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iv) 4,284 RPSRs granted under the 2024 LTISP on 2/18/25 with a measurement period ending on 12/31/27.
- 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
- The RSRs were granted under the 2024 LTISP on 2/18/2025 and will vest on 2/18/2028.
- Total amount includes (i) 468 RSRs granted under the 2011 LTISP on 2/15/22 that vested on 2/18/25; (ii) 387 RSRs granted under the 2011 LTISP on 2/16/23 that will vest on 2/17/26; (iii) 1,732 RSRs granted under the 2011 LTISP on 2/14/24 that will vest on 2/16/27; and (iv) 1,965 RSRs granted under 2024 LTISP on 2/18/25 that will vest on 2/18/28.
- Total amount includes (i) 902 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (ii) 3,774 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iii) 4,284 RPSRs granted under the 2024 LITSP on 2/15/25 with a measurement period ending on 12/31/27.
- Shares issued upon vesting of RSRs granted under the 2011 LTISP on 2/15/22 that vested on 2/18/25.