Form 4: Northrop Grumman Director Acquires Shares Through Stock Plan
SEC Form 4 Filing
Director Graham Robinson acquired 44 shares of Northrop Grumman common stock through a deferred stock unit account on March 31, 2024.
Summary
- On March 31, 2024, Graham Robinson, a director of Northrop Grumman, acquired 44 shares of common stock.
- The acquisition was made through the Northrop Grumman 2011 Long-Term Incentive Stock Plan.
- The price per share was $478.66.
- Following the transaction, Robinson directly owns 1,403 shares of Northrop Grumman common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction. The director's participation in the stock plan could be seen as a slightly positive signal.
Positives
- The director's participation in the stock plan demonstrates confidence in the company's future.
Industry Context
This Form 4 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.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Graham Robinson acquired 44 shares of common stock. |
| 04/01/2024 | Date of signature: Form 4 signed by Jennifer C. McGarey, Attorney-in-Fact. |
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