Form 4: Northrop Grumman Director Acquires Additional Shares Through Stock Plan
SEC Form 4 Filing
Director Arvind Krishna acquired 73 shares of Northrop Grumman common stock at $478.66 per share through the company's Long-Term Incentive Stock Plan.
Summary
- On March 31, 2024, Arvind Krishna, a director of Northrop Grumman, acquired 73 shares of common stock.
- The acquisition was made through the Northrop Grumman 2011 Long-Term Incentive Stock Plan at a price of $478.66 per share.
- Following the transaction, Krishna directly owns 959 shares of Northrop Grumman common stock, including dividends, held in a stock unit account pursuant to the Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. It doesn't indicate any specific positive or negative outlook for the company.
Positives
- The director's participation in the stock plan demonstrates confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Arvind Krishna acquired 73 shares of Northrop Grumman common stock. |
| 04/01/2024 | Date of signature: Form 4 signed by Jennifer C. McGarey, Attorney-in-Fact. |
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