Warden Kathy J 4

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.