Northrop Grumman (NOC) general counsel sells 873 shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northrop Grumman Corporation corporate vice president and general counsel Kathryn G. Simpson reported an open-market sale of common stock. On March 2, 2026, she sold 873 shares of Northrop Grumman common stock at a price of $745.00 per share, in a transaction classified as a non-derivative sale. The filing notes that this sale was executed under a pre-established Rule 10b5-1 trading plan adopted on February 28, 2025. Following the sale, Simpson directly held 1.39 shares of Northrop Grumman common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 873 shares ($650,385)
Net Sell
1 txn
Insider
Simpson Kathryn G
Role
Corp VP & General Counsel
Sold
873 shs ($650K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 873 | $745.00 | $650K |
Holdings After Transaction:
Common Stock — 1.39 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Northrop Grumman (NOC) report for Kathryn G. Simpson?
Northrop Grumman reported that Kathryn G. Simpson sold 873 shares of common stock. The transaction was an open-market sale of non-derivative common stock and was disclosed on a Form 4 insider trading report filed with regulators for transparency.
What type of insider transaction did Kathryn G. Simpson execute in Northrop Grumman (NOC) stock?
Kathryn G. Simpson executed an open-market sale of non-derivative common stock. The Form 4 identifies the transaction with code “S,” indicating a sale in the open market or a private transaction, consistent with standard SEC transaction code definitions.
Was the Northrop Grumman (NOC) insider sale by Kathryn G. Simpson under a Rule 10b5-1 plan?
Yes. The Form 4 states the sale was carried out under a Rule 10b5-1 trading plan. This plan was adopted by Kathryn G. Simpson on February 28, 2025, providing a pre-arranged framework for selling shares according to predetermined instructions.
What date was the insider stock sale by Northrop Grumman (NOC) executive Kathryn G. Simpson executed?
The insider stock sale was executed on March 2, 2026. On that date, Kathryn G. Simpson sold 873 shares of Northrop Grumman common stock in an open-market transaction, according to the transaction date disclosed in the Form 4 filing.