Simpson Kathryn G 4

What Happened

• Kathryn G. Simpson, Corporate Vice President & General Counsel of Northrop Grumman (NOC), sold 873 shares of NOC common stock in an open-market transaction on March 2, 2026.
• The shares were sold at $745.00 per share for total proceeds of $650,385. This was a sale (not a purchase), which is often routine insider selling rather than an explicit signal of company outlook.

Key Details

• Transaction date: March 2, 2026; Report filed: March 3, 2026 (filed within the SEC two-business-day window).
• Price per share: $745.00; Shares sold: 873; Total proceeds: $650,385.
• Transaction type: Open-market sale (SEC code S).
• Footnote: The sale was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted by Simpson on February 28, 2025.
• Shares owned after the transaction: not specified in the provided filing summary.

Context

• 10b5-1 trading plans are pre-set instructions that allow insiders to sell or buy according to a schedule and can limit the inference that trades were based on nonpublic information.
• Sales are common for insiders for diversification, liquidity, or tax reasons; they do not by themselves indicate management’s view of the company’s prospects.