Roshan S. Roeder - 16 Feb 2024 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
16 Feb 2024
Net transactions value
-$161,749
Form type
4
Filing time
21 Feb 2024, 17:17:33 UTC
Previous filing
16 Feb 2024
Next filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +335 +21% $0.000000 1,935 16 Feb 2024 Direct
transaction NOC Common Stock Tax liability $50,508 -112 -5.8% $450.96 1,823 16 Feb 2024 Direct
transaction NOC Common Stock Sale $111,241 -247 -14% $450.37 1,576 16 Feb 2024 Direct F1
holding NOC Common Stock 102 16 Feb 2024 Held in Northrop Grumman Savings Plan F2
holding NOC Common Stock 3 16 Feb 2024 By Spouse F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOC Restricted Stock Rights Options Exercise $0 -335 -6.3% $0.000000 4,993 16 Feb 2024 Common Stock 335 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/24/23.
F2 Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contribution plan, as of 2/16/24. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.
F3 Held by reporting person's spouse in the Plan, as of 2/16/24.
F4 Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock.
F5 Shares issued upon vesting of RSRs granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/16/21 that vested on 2/16/24.