Form 4: Northrop Grumman Director Acquires Shares Under Incentive Plan

Marianne Catherine Brown, a director of Northrop Grumman, acquired 385 shares of common stock through the company's Long-Term Incentive Stock Plan.

Summary

• On May 21, 2025, Marianne Catherine Brown, a director at Northrop Grumman, acquired 385 shares of common stock.
• The acquisition was made under the Northrop Grumman 2024 Long-Term Incentive Stock Plan at a price of $473.9 per share.
• Following the transaction, Brown directly owns 10,575 shares of Northrop Grumman common stock.
• The transaction was reported on May 22, 2025.

Sentiment

Score: 7

Explanation: Director's share purchase is generally a positive sign, indicating confidence in the company's prospects. The transaction is part of a standard incentive plan, so it's not an overwhelmingly strong signal, but still positive.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Industry Context

Director share acquisitions are common and often tied to compensation plans, aligning director interests with shareholder value.

Comparison to Industry Standards

• Director share ownership is a common practice across publicly traded companies, particularly in the aerospace and defense sector.
• Companies like Lockheed Martin (LMT) and Boeing (BA) also have similar long-term incentive plans for their executives and directors.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Northrop Grumman, Director, Share Acquisition, Incentive Plan, Form 4, NOC, Marianne Catherine Brown