Brown Marianne Catherine 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Northrop Grumman (NOC) Director Marianne C. Brown Receives 91-Share Award
What Happened
- Marianne C. Brown, a director of Northrop Grumman (NOC), was granted 91 shares on 2026-06-30 at a reported per-share value of $509.31, a total value of approximately $46,347. The transaction is coded "A" (award/grant) and represents shares deferred into a stock unit account under the Northrop Grumman 2024 Long-Term Incentive Stock Plan.
Key Details
- Transaction date and terms: 2026-06-30; 91 shares @ $509.31 each; total ≈ $46,347.
- Filing date: Form 4 filed 2026-07-01 (timely filing relative to the 06-30 transaction).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F1 — shares were deferred into a stock unit account pursuant to the 2024 LTIP and the award was exempt under Rule 16b-3. F2 — the stock unit account includes shares and dividends; dividends on those units were exempt from Section 16 and not reportable under Rule 16a-11.
- Transaction type: Award/grant (not an open-market buy or a sale).
Context
- This was a compensation award (director equity deferral) rather than a market purchase or option exercise; such grants are common for non-employee directors and are often routine. The Rule 16b-3 exemption and the stock-unit structure mean the award is part of the company’s director compensation program and not a reportable dividend payment.
Insider Transaction Report
Form 4
Brown Marianne Catherine
Director
Transactions
- Award
Common Stock
[F1][F2]2026-06-30$509.31/sh+91$46,347→ 11,558 total
Footnotes (2)
- [F1]Represents shares of common stock deferred into a stock unit account pursuant to the Northrop Grumman 2024 Long-Term Incentive Stock Plan (the "Plan") in a transaction exempt pursuant to Rule 16b-3.
- [F2]Represents shares of common stock, including dividends, held in a stock unit account pursuant to the Plan. Dividends earned on shares held in the stock unit account were exempt from Section 16 and not reportable under rule 16a-11.
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact|2026-07-01