ROEDER ROSHAN S 4
Research Summary
AI-generated summary
Northrop Grumman (NOC) Roeder Roshan S Sells 1,754 Shares
What Happened
Roeder Roshan S, Corporate Vice President & President, Mission Systems at Northrop Grumman, sold 1,754 shares on February 27, 2026. The shares were disposed at $720.00 each for a total transaction value of $1,262,880. This was a sale (disposition); the Form 4 does not state a trading motivation.
Key Details
- Transaction date and price: 2026-02-27 — sale of 1,754 shares at $720.00 per share.
- Total value: $1,262,880.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: (1) Sale was executed under a Rule 10b5-1 trading plan adopted October 30, 2025. (2) Some holdings are held in the Northrop Grumman Savings Plan; unit accounting may change unit counts without an acquisition/disposition.
- Filing timeliness: Form filed 2026-03-02 — within the required SEC filing window for this transaction date (timely).
Context
A 10b5-1 trading plan indicates the sale was pre-planned under an approved trading arrangement; such plans often result in scheduled transactions and may not reflect a change in the insider’s current view. For retail investors, purchases typically signal stronger insider conviction than routine or pre-scheduled sales; this filing is a routine disposition under a 10b5-1 plan.