SCHOEWE THOMAS M 4

What Happened

• Thomas M. Schoewe, a director of Northrop Grumman (NOC), was granted 349 shares (reported as an acquisition/award) on 2026-05-20 at a per-share value of $552.17, a total reported value of $192,707. The grant represents shares of common stock deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan.

Key Details

• Transaction date and price: 2026-05-20; 349 shares at $552.17 per share.
• Transaction type: Award/grant (code A) — shares deferred into a stock unit account; exempt under Rule 16b-3 (see footnote F1).
• Reported holdings context: Footnote F2 states beneficial ownership includes 3,160 shares of common stock and 13,577 shares (including dividends) held in a stock unit account under Northrop Grumman plans. Adding the 349-share award implies roughly 17,086 total shares/units reported (3,160 + 13,577 + 349), based on the filing’s footnotes.
• Dividends on shares in the stock unit account were exempt from Section 16 and not reportable under Rule 16a-11 (footnote F2).
• Filing timeliness: Period of report 2026-05-20; Form filed 2026-05-21 — appears timely.

Context

• This was an awarded/deferred stock unit grant, not an open-market purchase or sale. Deferred awards are standard compensation for directors and do not necessarily indicate a buy/sell market signal.