Kathy J. Warden - 16 Feb 2024 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
Chair, CEO and President, Director
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
16 Feb 2024
Net transactions value
-$3,005,197
Form type
4
Filing time
21 Feb 2024, 17:24:37 UTC
Previous filing
16 Feb 2024
Next filing
04 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +14,776 +7.9% $0.000000 201,504 16 Feb 2024 Direct
transaction NOC Common Stock Tax liability $3,005,197 -6,664 -3.3% $450.96 194,840 16 Feb 2024 Direct

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 -14,776 -31% $0.000000 33,587 16 Feb 2024 Common Stock 14,776 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.