Form 4: Northrop Grumman Director James S. Turley Acquires Shares Under Incentive Plan

Director James S. Turley acquired 385 shares of Northrop Grumman common stock through a deferred transaction under the company's Long-Term Incentive Stock Plan.

Summary

• On May 21, 2025, James S. Turley, a director of Northrop Grumman, acquired 385 shares of common stock.
• The acquisition was made under the Northrop Grumman 2024 Long-Term Incentive Stock Plan.
• The price per share was $473.9.
• Following the transaction, Turley directly owns 6,297 shares of Northrop Grumman common stock, which includes shares held directly and in a stock unit account.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but the document itself is simply a regulatory disclosure.

Positives

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

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

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 directors and officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies like Northrop Grumman, similar to filings made by executives at Lockheed Martin (LMT), Boeing (BA), and General Dynamics (GD).
• The reporting requirements are consistent across these companies, ensuring transparency in insider trading activities.
• The Long-Term Incentive Stock Plan is a common compensation tool used by these companies to align executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Northrop Grumman, Director, James S. Turley, Stock Acquisition, Incentive Plan, Common Stock, Form 4