Form 4: Northrop Grumman Director Kleiner Acquires Shares Under Incentive Plan
SEC Form 4 Filing
Director Madeleine Kleiner acquired 385 shares of Northrop Grumman common stock at $473.90 per share under the company's Long-Term Incentive Stock Plan.
Summary
- On May 21, 2025, Madeleine Kleiner, 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 at a price of $473.90 per share.
- Following the transaction, Kleiner directly owns 21,002 shares of Northrop Grumman common stock.
- These shares include dividends held in a stock unit account pursuant to the Plan and the Northrop Grumman 2011 Long-Term Incentive Stock Plan.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, which is generally seen as a good sign. However, it's part of a pre-existing plan, so it's not a surprise.
Positives
- The acquisition of shares by a director signals confidence in the company's future performance.
- The transaction occurred under the company's Long-Term Incentive Stock Plan, aligning director's interests with shareholders.
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. Acquisitions, especially by directors, are often seen as a positive sign.
Stakeholder Impact
- The acquisition of shares by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Madeleine Kleiner acquired 385 shares of Northrop Grumman common stock. |
Keywords
Northrop Grumman, Director, Madeleine Kleiner, Stock Acquisition, Long-Term Incentive Plan, Common Stock, Form 4, NOC
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