Form 4: Northrop Grumman Director Defers Stock into Incentive Plan

Northrop Grumman Director Marianne Catherine Brown deferred 81 shares of common stock into a stock unit account under the company's 2024 Long-Term Incentive Stock Plan.

Summary

• Marianne Catherine Brown, a Director at Northrop Grumman Corp, acquired 81 shares of common stock.
• The transaction occurred on December 31, 2025, with shares priced at $570.21 each.
• These shares were deferred into a stock unit account as part of the Northrop Grumman 2024 Long-Term Incentive Stock Plan.
• The acquisition is exempt under Rule 16b-3 of the Securities Exchange Act.
• Following this transaction, Marianne Catherine Brown beneficially owns 10,963 shares of common stock, including dividends held in the stock unit account.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even through a deferred compensation plan, generally signals confidence in the company's future performance and aligns management interests with shareholders.

Positives

• A director increasing their beneficial ownership, even through a deferred compensation plan, can signal confidence in the company's future prospects.
• The transaction aligns the director's financial interests more closely with those of common shareholders.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

Insider transactions, such as this director's acquisition of shares, are routinely monitored by investors as an indicator of management's confidence in the company's outlook. In the defense industry, such transactions can reflect stability or anticipated growth within the sector.

Stakeholder Impact

• Shareholders may view this transaction positively as it indicates a director's continued commitment and confidence in the company's value.

Key Dates

Keywords

Northrop Grumman, NOC, Insider Transaction, Form 4, Director Stock Acquisition, Stock Unit Account, Long-Term Incentive Plan, Defense Industry