Warden Kathy J 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Northrop Grumman CEO Kathy Warden Sells Shares
What Happened
Kathy J. Warden, Chair, Chief Executive Officer and President of Northrop Grumman (NOC), sold a total of 20,000 shares in multiple open-market transactions on February 6, 2026 for aggregate proceeds of approximately $14,176,470. The sales were executed in seven tranches with weighted average prices ranging from about $705.84 to $711.14 (individual sale price ranges per tranche noted in the filing).
Key Details
- Transaction date: 2026-02-06 (filed on Form 4 on 2026-02-10; filing appears timely within the 2-business-day rule).
- Sales (each tranche: shares @ weighted avg price = proceeds):
- 214 @ $705.84 = $151,050 (F1; prices ranged $705.56–$705.97)
- 2,196 @ $706.65 = $1,551,803 (F2; $706.00–$706.93)
- 4,695 @ $707.45 = $3,321,478 (F3; $707.00–$707.97)
- 2,303 @ $708.63 = $1,631,975 (F4; $708.20–$708.98)
- 5,734 @ $709.49 = $4,068,216 (F5; $709.01–$709.99)
- 3,552 @ $710.36 = $2,523,199 (F6; $710.00–$710.97)
- 1,306 @ $711.14 = $928,749 (F7; $711.02–$711.40)
- Total: 20,000 shares sold for ~$14.18M.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: Each tranche lists a weighted average sale price and a highest/lowest sale price range; the reporting person offers to provide per-price breakdown on request. No 10b5-1 plan or tax-withholding note is indicated in the provided data.
- Transaction code: S = Sale.
Context
These were open-market sales (not exercises, gifts, or awards). Insider sales can be routine (e.g., diversification, liquidity, tax planning) and do not by themselves indicate management’s view of company fundamentals. No late filing flag was evident in the supplied information.
Insider Transaction Report
Form 4
Warden Kathy J
DirectorChair, CEO and President
Transactions
- Sale
Common Stock
[F1]2026-02-06$705.84/sh−214$151,050→ 191,388.4 total - Sale
Common Stock
[F2]2026-02-06$706.65/sh−2,196$1,551,803→ 189,192.4 total - Sale
Common Stock
[F3]2026-02-06$707.45/sh−4,695$3,321,478→ 184,497.4 total - Sale
Common Stock
[F4]2026-02-06$708.63/sh−2,303$1,631,975→ 182,194.4 total - Sale
Common Stock
[F5]2026-02-06$709.49/sh−5,734$4,068,216→ 176,460.4 total - Sale
Common Stock
[F6]2026-02-06$710.36/sh−3,552$2,523,199→ 172,908.4 total - Sale
Common Stock
[F7]2026-02-06$711.14/sh−1,306$928,749→ 171,602.4 total
Footnotes (7)
- [F1]Represents the weighted average sale price of $705.84 rounded to the nearest hundredth. The highest price at which the shares were sold was $705.97 and the lowest price at which the shares were sold was $705.56. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
- [F2]Represents the weighted average sale price of $706.65 rounded to the nearest hundredth. The highest price at which the shares were sold was $706.93 and the lowest price at which the shares were sold was $706.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
- [F3]Represents the weighted average sale price of $707.45 rounded to the nearest hundredth. The highest price at which the shares were sold was $707.97 and the lowest price at which the shares were sold was $707.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
- [F4]Represents the weighted average sale price of $708.63 rounded to the nearest hundredth. The highest price at which the shares were sold was $708.98 and the lowest price at which the shares were sold was $708.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
- [F5]Represents the weighted average sale price of $709.49 rounded to the nearest hundredth. The highest price at which the shares were sold was $709.99 and the lowest price at which the shares were sold was $709.01. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
- [F6]Represents the weighted average sale price of $710.36 rounded to the nearest hundredth. The highest price at which the shares were sold was $710.97 and the lowest price at which the shares were sold was $710.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
- [F7]Represents the weighted average sale price of $711.14 rounded to the nearest hundredth. The highest price at which the shares were sold was $711.40 and the lowest price at which the shares were sold was $711.02. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact|2026-02-10