secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2021-08-12T23:59:59+00:00
Accession:  0001133421-21-000050
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman elects Graham Robinson (Stanley Black & Decker exec) to board
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- Election of Graham Robinson to Northrop Grumman Board effective Aug 11, 2021; board size increased from 12 to 13.
- Robinson is SVP and President of STANLEY Industrial, a segment of Stanley Black & Decker, since April 2020.
- He will serve on the Audit and Risk Committee and the Policy Committee.
- Compensation: $150,000 annual cash retainer ($135k base + $15k audit) and $170,000 in deferred stock units.
- Related party transaction: Northrop Grumman buys goods from Stanley Black & Decker; amounts less than 1% of each company's 2020 revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342121000050/0001133421-21-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342121000050/noc-20210811.htm
  HTML page:      https://secwatch.observer/filing/0001133421-21-000050

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