Northrop Grumman Director Mark A. Welsh III Files Form 144 to Sell $109K in Stock
NORTHROP GRUMMAN CORP /DE/
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Filing Summary
Northrop Grumman Corp ($NOC) – Form 144 Filing Insider: Mark A. Welsh III (Director) Proposed Transaction: Sale of 196 shares of Common Stock Estimated Value: $109,277.84 (~$557.54/share) Broker: J.P. Morgan Securities LLC Plan Adoption Date: 07/26/2026 Significance: Low
Comprehensive Analysis
Northrop Grumman Corp ($NOC) Form 144 Overview
Northrop Grumman Corporation Director Mark A. Welsh III filed a Form 144 on November 2, 2026, indicating a proposed sale of 196 shares of Common Stock with an estimated aggregate market value of $109,277.84 (approximately $557.54 per share).
Key Details:
- Filer: Mark A. Welsh III (Director)
- Shares to Sell: 196 shares
- Security: Common Stock
- Acquisition Origin: Acquired via RSU vesting on May 15, 2026, as part of director compensation.
- Trading Plan: Executed under a Rule 10b5-1 trading plan adopted on July 26, 2026.
- Prior Sales: Disclosed a sale of 95 shares for gross proceeds of $52,015 on August 3, 2026.
Significance Assessment:
- Trading Significance: Low. The total volume (196 shares) and value (~$109K) represent a de minimis fraction of the company's 142M+ outstanding shares. The planned transaction is pre-scheduled under a Rule 10b5-1 trading plan and aligns with routine equity compensation management by non-employee directors.
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