Form 4: Northrop Grumman Director Mary A. Winston Reports Stock Acquisition
SEC Form 4
Director Mary A. Winston reported acquiring 377 shares of Northrop Grumman common stock at $484.32 per share on July 31, 2024, through a deferred stock unit account.
Summary
- On July 31, 2024, Mary A. Winston, a director of Northrop Grumman, acquired 377 shares of common stock at a price of $484.32 per share.
- The acquisition was made through the Northrop Grumman 2024 Long-Term Incentive Stock Plan.
- Following the transaction, Winston directly owns 846 shares of common stock, which includes 69 shares of common stock and 777 shares held in a stock unit account.
- The shares acquired were deferred into a stock unit account pursuant to the Northrop Grumman 2024 Long-Term Incentive Stock Plan.
Sentiment
Score: 7
Explanation: Director's stock purchase is generally a positive sign, indicating confidence in the company's prospects. However, it's a routine transaction under a pre-existing plan.
Positives
- The acquisition of shares by a director signals confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. A director purchasing shares is generally viewed positively.
Stakeholder Impact
- The stock acquisition by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of the stock acquisition transaction. |
| 08/01/2024 | Date of the signature on the report. |
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