secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001133421-22-000006
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman sets 2022 executive comp metrics: cash flow, segment income, adjusted margin, non-financial goals
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- ICP metrics weighted: cash flow from ops before discretionary pension funding 35%, segment operating income growth 35%, adjusted operating margin rate 20%, non-financial 10%.
- RPSR 2022-2024 metrics: cumulative free cash flow (1/3), return on invested capital (1/3), relative total shareholder return (1/3).
- RSR awarded vesting Feb 18, 2025; no stock options granted for 2022.
- No material changes from 2021 in terms of RPSR and RSR awards for named executive officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342122000006/0001133421-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342122000006/noc-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001133421-22-000006

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