CHESTON SHEILA C. 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 15, 2023
Insider Transaction Report
Form 4
CHESTON SHEILA C.
Corp. VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2023-02-13+2,206→ 27,555.86 total - Tax Payment
Common Stock
2023-02-13$464.28/sh−760$352,853→ 26,795.86 total - Sale
Common Stock
2023-02-13$467.81/sh−2,547$1,191,512→ 24,248.86 total - Exercise/Conversion
Restricted Stock Rights
2023-02-13−2,206→ 4,976 total→ Common Stock (2,206 underlying)
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]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.
- [F3]Shares issued upon vesting of RSRs granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that vested on 2/13/23.