4//SEC Filing
Warden Kathy J 4
Accession 0001628280-25-006867
CIK 0001133421other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:19 PM ET
Size
19.9 KB
Accession
0001628280-25-006867
Insider Transaction Report
Form 4
Warden Kathy J
DirectorChair, CEO and President
Transactions
- Exercise/Conversion
Common Stock
2025-02-18+27,350.27→ 222,190.4 total - Tax Payment
Common Stock
2025-02-18$441.36/sh−12,335$5,444,176→ 209,855.4 total - Exercise/Conversion
Common Stock
2025-02-18+11,672→ 221,527.4 total - Tax Payment
Common Stock
2025-02-18$441.36/sh−4,925$2,173,698→ 216,602.4 total - Award
Restricted Performance Stock Rights
2025-02-18+27,417.27→ 100,629.27 total→ Common Stock (27,417.27 underlying) - Award
Restricted Stock Rights
2025-02-18+11,752→ 45,339 total→ Common Stock (11,752 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2025-02-18−27,350.27→ 73,279 total→ Common Stock (27,350.27 underlying) - Exercise/Conversion
Restricted Stock Rights
2025-02-18−11,672→ 33,667 total→ Common Stock (11,672 underlying)
Footnotes (8)
- [F1]Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d).
- [F2]The RPSRs acquired include (i) 1,789.27 vested RPSRs with respect to the measurement period ended 12/31/24 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("2011 LTISP") on 2/15/22 that resulted in settlement at 107% of the target award; and (ii) 25,628 unvested RPSRs granted under the 2024 Long-Term Incentive Stock Plan (the "2024 LTISP") on 2/18/25 with a measurement period ending on 12/31/27. A total of 27,350.27 shares were issued in settlement of the 2022 RPSRs with a measurement period that ended 12/31/24, and the target award amount of 25,561 RPSRs was previously reported in connection with the grant of the 2022 RPSRs.
- [F3]Total amount includes (i) 27,350.27 vested RPSRs granted under the 2011 LTISP on 2/15/22 with a measurement period ended on 12/31/24; (ii) 23,342 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (iii) 24,309 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iv) 25,628 RPSRs granted under the 2024 LTISP on 2/18/25 with a measurement period ending on 12/31/27.
- [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]The RSRs were granted under the 2024 LTISP on 2/18/2025 and will vest on 2/18/2028.
- [F6]Total amount includes (i) 11,672 RSRs granted under the 2011 LTISP on 2/15/22 that vested on 2/18/25; (ii) 10,760 RSRs granted under the 2011 LTISP on 2/16/23 that will vest on 2/17/26; (iii) 11,155 RSRs granted under the 2011 LTISP on 2/14/24 that will vest on 2/16/27; and (iv) 11,752 RSRs granted under 2024 LTISP on 2/18/25 that will vest on 2/18/28.
- [F7]Total amount includes (i) 23,342 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (ii) 24,309 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iii) 25,628 RPSRs granted under the 2024 LITSP on 2/18/25 with a measurement period ending on 12/31/27.
- [F8]Shares issued upon vesting of RSRs granted under the 2011 LTISP on 2/15/22 that vested on 2/18/25.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001559112
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:19 PM ET
- Size
- 19.9 KB