--- schema_version: "secwatch.filing_event.v1" accession: "0001133421-23-000031" form_type: "8-K" ticker: "NOC" cik: "0001133421" company_name: "NORTHROP GRUMMAN CORP /DE/" filed_at: "2023-05-19T23:59:59+00:00" generated_at: "2026-06-14T19:24:45.313575+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Northrop Grumman shareholders approve lowering special meeting threshold to 15% ## Summary - Shareholders voted 119,424,417 for vs. 1,645,476 against to reduce the special meeting ownership threshold from 25% to 15%. - Board also adopted conforming bylaw amendments and updates for universal proxy rules, DGCL changes, and emerging practices. - All 13 director nominees elected; say-on-pay passed (116,744,897 for); auditor ratified (130,654,947 for). - Shareholder proposals on political spending report and independent board chair both defeated. ## SEC filing metadata - accession: 0001133421-23-000031 - form_type: 8-K - ticker: NOC - cik: 0001133421 - company_name: NORTHROP GRUMMAN CORP /DE/ - filed_at: 2023-05-19T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.5 - calibrated_materiality_score: 0.5 - confidence: high - sec_items: 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/noc-20230517.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001133421-23-000031 - JSON: https://secwatch.observer/filing/0001133421-23-000031.json - Plain text: https://secwatch.observer/filing/0001133421-23-000031.txt ## Key facts - Governance Changes NORTHROP GRUMMAN CORP /DE/: Reduced ownership threshold to call a special meeting from 25% to 15%, effective upon filing with Delaware Secretary of State. - Change: charter amendment source text: the Board of Directors of Northrop Grumman Corporation (the "Company") approved amendments to the Company's Amended and Restated Certificate of Incorporation reducing the ownership threshold required to call a special meeting from 25% to 15% evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Governance Changes NORTHROP GRUMMAN CORP /DE/: Amended bylaws to reflect reduced ownership threshold for special meetings and to update provisions for universal proxy rules, DGCL changes, and emerging practices. - Change: bylaw amendment source text: the Board of Directors considered and approved a corresponding amendment to the Company's Amended and Restated Bylaws to reflect this change in ownership threshold to call a special meeting, and also approved other limited amendments evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders approved Reduce threshold required to call a special meeting of shareholders at the 2023-05-17 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 5 The shareholders approved management's proposal to reduce the threshold required to call a special meeting of shareholders, with a vote of: For Against Abstain Broker Non-Vote 119,424,417 1,645,476 623,521 13,719,402 evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders rejected Shareholder proposal for independent board chair at the 2023-05-17 meeting. - Outcome: failed - Meeting: 2023-05-17 source text: Proposal 7 The shareholders did not approve the shareholder proposal to provide for an independent board chair. For Against Abstain Broker Non-Vote 47,215,801 73,510,658 966,955 13,719,402 evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-17 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 2 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers, with a vote of: For Against Abstain Broker Non-Vote 116,744,897 4,033,337 915,180 13,719,402 evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-05-17 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 3 The shareholders approved, on an advisory basis, a preferred frequency of one year for future votes on the compensation of the Company's named executive officers, with a vote of: 1 Year 2 Years 3 Years Abstain Broker Non-Vote 119,067,507 751,366 1,501,524 373,017 13,719,402 evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders rejected Shareholder proposal on political activities and human rights policy at the 2023-05-17 meeting. - Outcome: failed - Meeting: 2023-05-17 source text: Proposal 6 The shareholders did not approve the shareholder proposal annually to conduct an evaluation and issue a report describing alignment/misalignment of the Company's political activities with its human rights policy. For Against Abstain Broker Non-Vote 24,027,963 95,937,437 1,728,014 13,719,402 evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders approved Ratification of Deloitte & Touche LLP as independent auditor at the 2023-05-17 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 4 The shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent auditor for the fiscal year ending December 31, 2023 with a vote of 130,654,947 shares for, 4,365,481 shares against and 392,388 abstentions. evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm - Shareholder Votes NORTHROP GRUMMAN CORP /DE/ shareholders approved Election of thirteen directors at the 2023-05-17 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 1 The shareholders elected the following thirteen directors: Kathy J. Warden, David P. Abney, Marianne C. Brown, Ann M. Fudge, Madeleine A. Kleiner, Arvind Krishna, Graham N. Robinson, Kimberly A. Ross, Gary Roughead, Thomas M. Schoewe, James S. Turley, Mark A. Welsh III and Mary A. Winston. Director For Against Abstain Broker Non-Vote Kathy J. Warden 117,525,861 3,725,950 441,603 13,719,402 David P. Abney 116,160,160 4,903,608 629,646 13,719,402 Marianne C. Brown 118,866,294 2,161,055 666,065 13,719,402 Ann M. Fudge 119,079,173 2,048,282 565,959 13,719,402 Madeleine A. Kleiner 117,683,050 3,348,122 662,242 13,719,402 Arvind Krishna 119,694,027 1,319,272 680,115 13,719,402 Graham N. Robinson 119,307,374 1,711,411 674,629 13,719,402 Kimberly A. Ross 119,362,977 1,622,368 708,069 13,719,402 Gary Roughead 118,637,201 2,462,328 593,885 13,719,402 Thomas M. Schoewe 118,420,596 2,666,174 606,644 13,719,402 James S. Turley 108,319,220 12,717,816 656,282 13,719,402 Mark A. Welsh III 1 evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000031/0001133421-23-000031-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.