Hardesty Michael A 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Northrop Grumman (NOC) Controller Michael Hardesty Sells 783.58 Shares
What Happened
Michael A. Hardesty, Corporate Vice President, Controller & Chief Accounting Officer of Northrop Grumman (NOC), reported sales in open-market transactions on Feb 13, 2026. He sold 783 shares at $702.43 each for $550,003, and an additional 0.58 shares at $703.21 for $408 — total proceeds about $550,411. These were sales (S), not purchases.
Key Details
- Transaction dates: 2026-02-13 (both sales)
- Prices and amounts: 783 shares @ $702.43 = $550,003; 0.58 shares @ $703.21 = $408; combined ≈ $550,411
- Transaction type/code: Open-market sale (S)
- Shares owned after transaction: Not specified in the data provided here — see the filed Form 4 for the insider’s post-transaction holdings
- Footnotes/plans: None noted in the summary provided (no 10b5-1 or tax-withholding footnote included)
- Filing date: Form was filed 2026-02-17. This appears to be timely relative to the Feb 13 transaction (Form 4s are generally due within two business days).
Context
Sales by officers are common and can be routine (for diversification, cash needs, or tax reasons); they do not necessarily indicate a change in company outlook. Because these were outright open-market sales (not option exercises or awards), there was no immediate issuance event tied to the transaction. For full ownership details and any additional notes, consult the complete Form 4 filing (Accession: 0001628280-26-008569).
Insider Transaction Report
- Sale
Common Stock
2026-02-13$702.43/sh−783$550,003→ 3,093.81 total - Sale
Common Stock
2026-02-13$703.21/sh−0.58$408→ 3,093.23 total