KRISHNA ARVIND 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Northrop Grumman Director Krishna Arvind Receives Award of 53 Shares
What Happened
Krishna Arvind, a director of Northrop Grumman (NOC), was granted 53 shares on 2026-03-31 at an imputed price of $682.24 per share, a total value of $36,159. The shares were deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan (this is an award/grant, not an open-market purchase).
Key Details
- Transaction date: 2026-03-31; price per share reported: $682.24; total value: $36,159.
- Transaction type: Award/Grant (code A), exempt under Rule 16b-3 as a plan-related deferral.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 indicates the shares were deferred into a stock unit account under the 2024 LTIP; F2 notes shares (and dividends) are held in the stock unit account and dividends were exempt from Section 16/reporting under Rule 16a-11.
- Filing date: 2026-04-02; no late-filing flag noted in the provided information.
Context
This was a compensation-related grant deferred into a stock unit account (common for directors), not an open-market buy or sale. Such awards reflect company compensation practices rather than an immediate trading signal; dividends and additional units credited to the account are treated as plan-related and reported per the plan exemptions.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-31$682.24/sh+53$36,159→ 2,317 total
Footnotes (2)
- [F1]Represents shares of common stock deferred into a stock unit account pursuant to the Northrop Grumman 2024 Long-Term Incentive Stock Plan (the "Plan") in a transaction exempt pursuant to Rule 16b-3.
- [F2]Represents shares of common stock, including dividends, held in a stock unit account pursuant to the Plan. Dividends earned on shares held in the stock unit account were exempt from Section 16 and not reportable under rule 16a-11.