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

Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Stock symbol
NOC
Transactions as of
Feb 16, 2024
Transactions value $
-$161,749
Form type
4
Date filed
2/21/2024, 05:17 PM
Previous filing
Feb 16, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +335 +20.94% $0.00 1.94K Feb 16, 2024 Direct
transaction NOC Common Stock Tax liability -$50.5K -112 -5.79% $450.96 1.82K Feb 16, 2024 Direct
transaction NOC Common Stock Sale -$111K -247 -13.55% $450.37 1.58K Feb 16, 2024 Direct F1
holding NOC Common Stock 102 Feb 16, 2024 Held in Northrop Grumman Savings Plan F2
holding NOC Common Stock 2.99 Feb 16, 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 -6.29% $0.00 4.99K Feb 16, 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.