Northrop Grumman Director Kimberly A. Ross Receives 349-Share Award

What Happened Kimberly A. Ross, a director of Northrop Grumman (NOC), was granted 349 shares as an award on 2026-05-20. The reported acquisition price per share was $552.17, for a total reported value of $192,707. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-20 at $552.17 per share (349 shares; $192,707 total).
• Transaction type: Award/grant (A) — shares were acquired as part of compensation.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1 — These shares represent common stock deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan; the transaction is reported as exempt under Rule 16b-3.
  • F2 — References shares (including dividends) held in a stock unit account under the 2011 Long-Term Incentive Stock Plan; dividends on those units were exempt from Section 16 and not reportable under Rule 16a-11.
• Filing timeliness: Reported period 2026-05-20 and filed 2026-05-21 (timely filing).

Context This was a compensation-related award (director equity grant) and is generally part of routine long-term incentive arrangements for directors. Such awards are different from open-market purchases (which some investors view as a bullish signal) or sales (which can be routine); the filing shows the grant and how it was deferred into stock units, not a market trade.