New insider Crews Kenneth B. claimed ownership of 2,140 shares (SEC Form 3)
$NOC
Industrial Machinery/Components
Industrials
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 10/01/2024 |
3. Issuer Name and Ticker or Trading Symbol
NORTHROP GRUMMAN CORP /DE/ [ NOC ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 73.6779 | I | Held in the Northrop Grumman Savings Excess Plan(1) |
| Common Stock | 2,065.83 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Rights(2) | (2) | (2) | Common Stock | 2,031(3) | (2) | D | |
| Restricted Performance Stock Rights(4) | (4) | (4) | Common Stock | 4,523(5) | (4) | D | |
| Explanation of Responses: |
| 1. Held in the Northrop Grumman Savings Excess Plan (the "Plan"), as of October 1, 2024. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred. |
| 2. Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. |
| 3. Total amount includes (i) 253 unvested RSRs granted under the 2011 Long-Term Incentive Stock Plan (LTISP) on 2/15/2022 that will vest on 2/18/2025; (ii) 232 RSRs granted under the LTISP on 2/16/2023 that will vest on 2/17/2026; (iii) 269 RSRs granted under the LTISP on 2/14/2024 that will vest on 2/16/2027; and (iv) 1,277 RSRs granted under the 2024 Long-Term Incentive Stock Plan (2024 LTISP) on 7/31/2024 that will vest on 8/2/2027. Grants awarded pursuant to Rule 16b-3(d). |
| 4. Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d). |
| 5. Total amount includes (i) 555 unvested RPSRs granted under the LTISP on 2/15/2022 with a measurement period ending on 12/31/2024; (ii) 542 unvested RPSRs granted under the LTISP on 2/16/2023 with a measurement period ending on 12/31/2025; (iii) 627 unvested RPSRs granted under the LTISP on 2/14/2024 with a measurement period ending on 12/31/2026; and (iv) 2,799 unvested RPSRs granted under the 2024 LTISP on 7/31/2024 with a measurement period ending on 12/31/2026. Grants awarded pursuant to Rule 16b-3(d). |
| Remarks: |
| /s/ Jennifer C. McGarey, Attorney-in-Fact | 10/02/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||