Brown Marianne Catherine 4

What Happened
Marianne Catherine Brown, a director of Northrop Grumman (NOC), was granted 68 shares (reported as an acquisition/award) on 2026-03-31 at a reported value of $682.24 per share, for a total value of $46,392. The shares were deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan; this is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-02 (filing appears timely).
• Transaction type/code: Award / Acquisition (A).
• Shares granted: 68 at $682.24 each; total reported value $46,392.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — shares were deferred into a stock unit account under the 2024 LTIP and the transaction was exempt under Rule 16b-3. F2 — stock units include dividends; dividends in the unit account were exempt from Section 16 and not reportable under Rule 16a-11.
• No 10b5-1 plan, sale, or exercise reported in this filing.

Context
This is a routine director compensation award (deferred stock units). Such grants are common and reflect compensation, not an immediate market purchase or sale; they should not be interpreted alone as a signal of the insider’s market view. The units include dividend accruals which are handled in the stock unit account and are treated as exempt for Section 16 reporting per the footnotes.