ABNEY DAVID P 4

What Happened
David P. Abney, a director of Northrop Grumman Corporation (NOC), was granted 349 shares as an award on 2026-05-20. The grant was reported at $552.17 per share for a total value of $192,707. The shares were deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan (LTIP) and the transaction was reported as an award (A), not a market purchase.

Key Details

• Transaction date and price: 2026-05-20 at $552.17 per share; 349 shares; total value $192,707.
• Reported beneficial ownership after the transaction: 2,824 shares total (2,475 shares of common stock plus 349 shares held as stock units), per filing footnote.
• Footnotes: F1 notes the shares were deferred into a stock unit account under the 2024 LTIP and the grant was exempt under Rule 16b-3. F2 clarifies the composition of reported ownership and states dividends on the stock unit account were exempt from Section 16 and not reportable under Rule 16a-11.
• Filing timeliness: Form 4 was filed on 2026-05-21 for a 2026-05-20 transaction (timely filing).

Context
This was a compensation-related award deferred into stock units (not an open-market buy or sale). Deferred stock units typically mirror share value for compensation purposes but do not represent an immediate cash purchase or sale. The Rule 16b-3 exemption means this type of director compensation is treated as a routine, permissible transaction for insiders and is not subject to short-swing profit liability.