secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K/A
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001133421-24-000060
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman discloses CFO Kenneth Crews' compensation: $850k salary, 100% bonus target
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- Kenneth Crews, elected CFO effective Oct 1, 2024, receives annual base salary of $850,000.
- Annual incentive target bonus set at 100% of base salary, prorated for FY2024.
- Bonus payout depends on achievement of pre-established company performance goals.
- Crews remains eligible for long-term incentive compensation, including 2025 awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000113342124000060/0001133421-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000113342124000060/noc-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001133421-24-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer