Hardesty Michael A 4
Research Summary
AI-generated summary
Northrop Grumman (NOC) VP & Controller Michael Hardesty Sells 147 Shares
What Happened
- Michael A. Hardesty, Corporate VP, Controller and Chief Accounting Officer of Northrop Grumman (NOC), sold 147 shares in an open-market transaction on February 19, 2026. The shares were disposed at $732.98 each, for a total value of approximately $107,748. This was a sale (not a purchase); sales are often routine and do not necessarily indicate a change in view on the company.
Key Details
- Transaction date: 2026-02-19 (Period of Report), Form filed: 2026-02-20
- Transaction type/code: Open-market sale (S)
- Price per share: $732.98
- Shares sold: 147; Total proceeds: ~$107,748
- Shares owned after transaction: Not specified in the excerpt provided
- Notable footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes indicated in the provided data
- Timeliness: Filing appears timely (reported on the next business day)
Context
- Sales by executives can reflect many reasons (diversification, tax planning, routine selling) and do not alone signal material insight into company prospects. For retail investors, purchases generally carry more informational weight than routine sales; this single, relatively small open-market sale should be viewed in that context.