MARK A. WELSH III - 29 Aug 2024 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
Director
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
29 Aug 2024
Net transactions value
-$17,546
Form type
4
Filing time
03 Sep 2024, 13:26:18 UTC
Previous filing
01 Aug 2024
Next filing
06 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Sale $1,024 -2 -0.05% $512.22 4,304 29 Aug 2024 Direct F1
transaction NOC Common Stock Sale $4,620 -9 -0.21% $513.36 4,295 29 Aug 2024 Direct F1, F2
transaction NOC Common Stock Sale $1,031 -2 -0.05% $515.50 4,293 29 Aug 2024 Direct F1
transaction NOC Common Stock Sale $4,134 -8 -0.19% $516.77 4,285 29 Aug 2024 Direct F1, F3
transaction NOC Common Stock Sale $2,588 -5 -0.12% $517.51 4,280 29 Aug 2024 Direct F1, F4
transaction NOC Common Stock Sale $4,149 -8 -0.19% $518.57 4,272 29 Aug 2024 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 Represents the weighted average sale price of $513.36 rounded to the nearest hundredth. The highest price at which the shares were sold was $513.94 and the lowest price at which the shares were sold was $513.13. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
F3 Represents the weighted average sale price of $516.77 rounded to the nearest hundredth. The highest price at which the shares were sold was $516.98 and the lowest price at which the shares were sold was $516.41. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
F4 Represents the weighted average sale price of $517.51 rounded to the nearest hundredth. The highest price at which the shares were sold was $517.68 and the lowest price at which the shares were sold was $517.15. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
F5 Represents the weighted average sale price of $518.57 rounded to the nearest hundredth. The highest price at which the shares were sold was $518.82 and the lowest price at which the shares were sold was $518.25. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.