Greene John 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Northrop Grumman (NOC) CFO John Greene Receives Stock Awards
What Happened
- John Greene, Chief Financial Officer of Northrop Grumman (NOC), received a total of 10,343 contingent restricted stock awards on February 11, 2026. The awards consist of 4,981 Restricted Performance Stock Rights (RPSRs) and 5,362 Restricted Stock Rights (RSRs). Each award was reported as acquired at $0.00, indicating they are grants (derivative awards), not purchases.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely under the two-business-day rule).
- Award breakdown:
- 4,981 RPSRs (performance-based) with a measurement period ending 12/31/2028.
- 5,362 RSRs (time-based) comprised of: 2,298 vesting 02/12/2029; 1,532 vesting 02/11/2027; and 1,532 vesting 02/11/2028.
- Price: $0.00 per award (standard for grants); reported as derivative instruments (contingent rights to receive shares or cash).
- Shares owned after transaction: not specified in this Form 4.
- Administrative notes: Grants awarded pursuant to Rule 16b-3(d) (company plan awards).
Context
- RPSRs are performance-contingent: they convert to shares (or cash) only if specified performance metrics are met for the measurement period. RSRs are time-based and vest on the dates above. These grants do not represent immediately tradable shares and do not indicate an immediate cash flow by the insider.
Insider Transaction Report
Form 4
Greene John
CVP & Chief Financial Officer
Transactions
- Award
Restricted Performance Stock Rights
[F1][F2]2026-02-11+4,981→ 4,981 total→ Common Stock (4,981 underlying) - Award
Restricted Stock Rights
[F3][F4][F5]2026-02-11+5,362→ 5,362 total→ Common Stock (5,362 underlying)
Footnotes (5)
- [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 4,981 unvested RPSRs granted under the 2024 Long-Term Incentive Stock Plan ("2024 LTISP) on 2/11/26 with a measurement period ending on 12/31/28.
- [F3]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.
- [F4]The RSRs were granted under the 2024 LTISP on 2/11/26 and will vest on 2/12/29.
- [F5]Total amount includes (i) 2,298 RSRs granted under the 2024 LTISP on 2/11/26 that will vest on 2/12/29; (ii) 1,532 RSRs granted under the 2024 LTISP on 2/11/26 that will vest on 2/11/27; and (iii) 1,532 RSRs granted under the 2024 LTISP on 2/11/26 that will vest on 2/11/28.
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact|2026-02-13