Form 4: Northrop Grumman Executive Roeder Roshan S. Reports Stock Transactions

Roeder Roshan S., a CVP & President at Northrop Grumman, reports transactions involving common stock and derivative securities, including acquisitions and disposals related to restricted performance stock rights and restricted stock rights.

Summary

• On February 18, 2025, Roeder Roshan S., a CVP & President at Northrop Grumman, filed a Form 4 detailing changes in beneficial ownership of company stock.
• The transactions include the acquisition and disposal of common stock, as well as restricted performance stock rights (RPSRs) and restricted stock rights (RSRs).
• Roeder acquired 684.8 shares of common stock and disposed of 229 shares for $441.36 each.
• Additionally, Roeder acquired 292 shares of common stock and disposed of 104 shares for $441.36 each.
• Roeder also acquired 5,399.8 RPSRs and 2,456 RSRs, and had 684.8 RPSRs and 292 RSRs vest.
• Following these transactions, Roeder directly owns 1,309.91 shares of common stock, indirectly owns 107.717 shares through the Northrop Grumman Savings Plan, and 3.036 shares through their spouse.
• Roeder also holds 14,864 RPSRs and 7,157 RSRs.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Northrop Grumman. It provides transparency into the holdings and transactions of key personnel.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock and performance-based equity, are standard across the defense industry.
• Companies like Lockheed Martin (LMT) and General Dynamics (GD) also utilize similar equity-based compensation plans for their executives.
• The vesting schedules and performance metrics associated with these grants are typically aligned with long-term shareholder value creation, similar to industry norms.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and alignment of interests.
• Employees may be interested in the details of the equity compensation plans.
• The transactions have a minimal direct impact on customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Northrop Grumman, Roeder Roshan S., Stock Transactions, Beneficial Ownership, Restricted Performance Stock Rights, Restricted Stock Rights, NOC