Form 4: Northrop Grumman Officer Sells Shares Under 10b5-1 Plan

Roshan S. Roeder, CVP & Pres. Mission Systems at Northrop Grumman, sold 84 shares of common stock for $555.35 per share under a pre-arranged trading plan.

Summary

• Roshan S. Roeder, an officer holding the title of CVP & Pres. Mission Systems at Northrop Grumman Corp (NOC), reported a transaction.
• On December 9, 2025, Roeder disposed of 84 shares of Northrop Grumman Common Stock.
• The shares were sold at a price of $555.35 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on February 11, 2025.
• Following the reported transaction, Roeder directly beneficially owns 403.91 shares of Common Stock.
• Additionally, 114.1531 shares are indirectly held in the Northrop Grumman Savings Plan, a qualified defined contribution plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This filing represents a routine insider transaction within the defense industry, specifically for a major player like Northrop Grumman. Such pre-planned sales under Rule 10b5-1 are common for executives managing their personal portfolios and typically do not reflect new information about the company's operational performance or strategic direction.

Stakeholder Impact

• Shareholders: The sale of a relatively small number of shares by an executive under a pre-arranged plan is unlikely to have a significant impact on shareholder sentiment or the company's stock price.
• Employees: No direct impact on employees is indicated by this routine transaction.

Key Dates

Keywords

Northrop Grumman, NOC, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan, Defense Industry