Northrop Grumman (NOC) Director Marianne Brown Receives 96-Share Award

What Happened
Marianne C. Brown, a director of Northrop Grumman (NOC), received an award of 96 shares on 2026-09-30 at an attributable price of $483.48 per share, for a total value of $46,414. The transaction is recorded as an award/acquisition (code A) — a grant of shares (stock units) under the company’s long-term incentive plan rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-30; filing date: 2026-10-01 (filed next business day, appears timely).
• Shares awarded: 96; price used for reporting: $483.48; total value reported: $46,414.
• Shares owned after transaction: not specified in the filing.
• Footnotes: the award represents common stock deferred into a stock unit account under the Northrop Grumman 2024 Long‑Term Incentive Stock Plan and is exempt under Rule 16b‑3 (F1). Dividends credited in the stock unit account are treated as stock units and were exempt from Section 16/reporting under Rule 16a‑11 (F2).
• Transaction code: A = Award/Grant (not a purchase or sale).

Context
This was a routine equity grant under the company’s LTIP and does not indicate an open‑market purchase or sale by the director. For directors, such deferred stock‑unit awards are common compensation and are often reported as exempt transactions under Rule 16b‑3.