Form 4: Northrop Grumman Director Acquires Additional Shares Through Stock Plan

Sentiment:

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

DateDescription
03/31/2024Date of transaction: Arvind Krishna acquired 73 shares of Northrop Grumman common stock.
04/01/2024Date of signature: Form 4 signed by Jennifer C. McGarey, Attorney-in-Fact.

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