Form 4: Northrop Grumman Corp VP & General Counsel, Kathryn G. Simpson, Reports Stock Sale
SEC Form 4 Filing
Kathryn G. Simpson, Corp VP & General Counsel of Northrop Grumman, reports selling 1,035 shares of common stock at $429.08 per share on February 20, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 20, 2025, Kathryn G. Simpson, Corp VP & General Counsel of Northrop Grumman Corp, sold 1,035 shares of common stock.
- The sale was executed at a price of $429.08 per share.
- Following the transaction, Ms. Simpson directly owns 779.43 shares of Northrop Grumman common stock.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on March 5, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine stock sale by an executive under a pre-arranged trading plan. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a sale of shares by a high-ranking executive, which could be for personal financial planning reasons.
Stakeholder Impact
- The sale of shares by a company insider could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as normal diversification.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 02/20/2025 | Date of stock sale transaction |
| 02/24/2025 | Date of Form 4 filing |
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