Brown Marianne Catherine 4

What Happened
Marianne Catherine Brown, a director of Northrop Grumman (NOC), was granted 349 shares (recorded as an acquisition/award) on 2026-05-20. The grant is reported at $552.17 per share, for a total value of approximately $192,707. This was an award under Northrop Grumman’s long-term incentive plan rather than an open-market purchase or sale.

Key Details

• Transaction date and filing: transaction dated 2026-05-20; Form 4 filed 2026-05-21 (filed within the standard reporting window).
• Transaction type/code: A (Award/Grant).
• Shares: 349 shares acquired at $552.17 each; total value ~$192,707.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: These shares represent common stock deferred into a stock unit account under the 2024 Long‑Term Incentive Stock Plan; transaction exempt under Rule 16b‑3.
  • F2: Indicates common stock (including dividends) held in a stock unit account under the Plan and the 2011 LTIP; dividends on those units were exempt from Section 16 and not reportable under Rule 16a‑11.

Context
This grant is part of director compensation and was recorded as stock units (deferred shares), not an open-market trade. Such awards are routine for board members to align incentives and do not by themselves indicate the insider’s short‑term view on the stock.