4//SEC Filing
Simpson Kathryn G 4
Accession 0001628280-25-006864
CIK 0001133421other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:18 PM ET
Size
21.5 KB
Accession
0001628280-25-006864
Insider Transaction Report
Form 4
Simpson Kathryn G
Corp VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2025-02-18+1,096.75→ 2,764.43 total - Tax Payment
Common Stock
2025-02-18$441.36/sh−366$161,538→ 2,398.43 total - Exercise/Conversion
Common Stock
2025-02-18+468→ 2,866.43 total - Tax Payment
Common Stock
2025-02-18$441.36/sh−163$71,942→ 2,703.43 total - Sale
Common Stock
2025-02-18$445.35/sh−889$395,916→ 1,814.43 total - Award
Restricted Performance Stock Rights
2025-02-18+4,355.75→ 10,056.75 total→ Common Stock (4,355.75 underlying) - Award
Restricted Stock Rights
2025-02-18+1,965→ 4,552 total→ Common Stock (1,965 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2025-02-18−1,096.75→ 8,960 total→ Common Stock (1,096.75 underlying) - Exercise/Conversion
Restricted Stock Rights
2025-02-18−468→ 4,084 total→ Common Stock (468 underlying)
Footnotes (9)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2024.
- [F2]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).
- [F3]The RPSRs acquired include (i) 71.75 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) 4,284 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 1,096.75 shares were issued in settlement of the 2022 RPSRs with a measurement period that ended 12/31/24, and the target award amount of 1,025 RPSRs was previously reported in connection with the grant of the 2022 RPSRs.
- [F4]Total amount includes (i) 1,096.75 vested RPSRs granted under the 2011 LTISP on 2/15/22 with a measurement period ended on 12/31/24; (ii) 902 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (iii) 3,774 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iv) 4,284 RPSRs granted under the 2024 LTISP on 2/18/25 with a measurement period ending on 12/31/27.
- [F5]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
- [F6]The RSRs were granted under the 2024 LTISP on 2/18/2025 and will vest on 2/18/2028.
- [F7]Total amount includes (i) 468 RSRs granted under the 2011 LTISP on 2/15/22 that vested on 2/18/25; (ii) 387 RSRs granted under the 2011 LTISP on 2/16/23 that will vest on 2/17/26; (iii) 1,732 RSRs granted under the 2011 LTISP on 2/14/24 that will vest on 2/16/27; and (iv) 1,965 RSRs granted under 2024 LTISP on 2/18/25 that will vest on 2/18/28.
- [F8]Total amount includes (i) 902 RPSRs granted under the 2011 LTISP on 2/16/23 with a measurement period ending on 12/31/25; (ii) 3,774 RPSRs granted under the 2011 LTISP on 2/14/24 with a measurement period ending on 12/31/26; and (iii) 4,284 RPSRs granted under the 2024 LITSP on 2/15/25 with a measurement period ending on 12/31/27.
- [F9]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 0001986485
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:18 PM ET
- Size
- 21.5 KB