NORTHROP GRUMMAN CORP /DE/ 4

Kathy J. Warden, Chair, CEO and President of Northrop Grumman, was awarded 35,910 performance-based Market Stock Units convertible into common stock, increasing her direct beneficial ownership to 35,910 shares.

On August 19, 2026, Northrop Grumman Chair, CEO and President Kathy J. Warden received an award of 35,910 Market Stock Units (MSUs), which are performance-based equity awards that can settle into between 0% and 150% of one share of common stock per unit based on the company’s stock price performance through December 31, 2031; using the current share price as a proxy, the target grant represents an estimated ~$19.9 million in notional value and increases her beneficial ownership to 35,910 shares on a direct basis. The MSUs pay out at 0% if the stock falls by more than 25%, at 100% of target if it appreciates by 10%, and at 150% if it appreciates by 50% or more, and were granted under Rule 16b-3(d) as part of her long-term incentive compensation program, so while economically significant, the transaction appears to be a routine, planned compensation grant rather than an open-market purchase or sale.

Filing Facts

CIK

1133421

Ticker

NOC

Form

4

Source Type

sec

Accession

0001628280-26-058482

Alert Tier

6