Form 4: Northrop Grumman Corp VP & General Counsel, Kathryn G. Simpson, Reports Stock Sale

Sentiment:

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

DateDescription
03/05/2024Date of adoption of Rule 10b5-1 trading plan
02/20/2025Date of stock sale transaction
02/24/2025Date of Form 4 filing

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