Northrop Grumman Director Marianne Catherine Brown Receives 96 Stock Units
NORTHROP GRUMMAN CORP /DE/
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Filing Summary
Northrop Grumman Corp (NOC) - Form 4 Filing Insider: Marianne Catherine Brown (Director) Transaction: Acquisition (Code A) Shares: 96 @ $483.48 ($46,414.08) Shares Owned After: 11,706 Date: September 30, 2026
Comprehensive Analysis
Executive Summary
On September 30, 2026, Northrop Grumman Corp (NOC) Director Marianne Catherine Brown acquired 96 shares of Common Stock at a price of $483.48 per share, representing a total transaction value of $46,414.08. Following the transaction, Brown directly holds 11,706 shares.
Transaction Details
- Security: Common Stock
- Transaction Code: A (Award / Grant)
- Nature of Transaction: The shares represent common stock deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan pursuant to Rule 16b-3.
- Direct/Indirect: Direct ownership.
- Total Post-Transaction Holdings: 11,706 shares (held in a stock unit account, including exempt dividend accruals).
Market Impact & Significance
This filing reflects routine quarterly director compensation deferred into equity under the company's long-term incentive plan. Because it is a plan-based grant rather than an open-market purchase, it carries low trading significance for market participants.
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