4//SEC Filing
Jones Thomas H 4
Accession 0001628280-25-006861
CIK 0001133421other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:16 PM ET
Size
19.9 KB
Accession
0001628280-25-006861
Insider Transaction Report
Form 4
Jones Thomas H
CVP & Pres Aeronautics Systems
Transactions
- Tax Payment
Common Stock
2025-02-18$441.36/sh−2,924$1,290,537→ 7,467.595 total - Exercise/Conversion
Common Stock
2025-02-18+2,457→ 9,924.595 total - Tax Payment
Common Stock
2025-02-18$441.36/sh−915$403,844→ 9,009.595 total - Award
Restricted Performance Stock Rights
2025-02-18+5,731.67→ 20,914.67 total→ Common Stock (5,731.67 underlying) - Award
Restricted Stock Rights
2025-02-18+2,456→ 9,421 total→ Common Stock (2,456 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2025-02-18−5,757.67→ 15,157 total→ Common Stock (5,757.67 underlying) - Exercise/Conversion
Restricted Stock Rights
2025-02-18−2,457→ 6,964 total→ Common Stock (2,457 underlying) - Exercise/Conversion
Common Stock
2025-02-18+5,757.67→ 10,391.595 total
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) 376.67 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) 5,355 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 5,757.67 shares were issued in settlement of the 2022 RPSRs with a measurement period that ended 12/31/24, and the target award amount of 5,381 RPSRs was previously reported in connection with the grant of the 2022 RPSRs.
- [F3]Total amount includes (i) 5,757.67 vested RPSRs granted under the 2011 LTISP on 2/15/22 with a measurement period ended on 12/31/24; (ii) 4,669 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (iii) 5,133 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iv) 5,355 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) 2,457 RSRs granted under the 2011 LTISP on 2/15/22 that vested on 2/18/25; (ii) 2,152 RSRs granted under the 2011 LTISP on 2/16/23 that will vest on 2/17/26; (iii) 2,356 RSRs granted under the 2011 LTISP on 2/14/24 that will vest on 2/16/27; and (iv) 2,456 RSRs granted under 2024 LTISP on 2/18/25 that will vest on 2/18/28.
- [F7]Total amount includes (i) 4,669 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (ii) 5,133 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iii) 5,355 RPSRs granted under the 2024 LTISP 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 0001834674
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:16 PM ET
- Size
- 19.9 KB