secwatch.observer — SEC 8-K summary
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Issuer:     NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK:        0001133421
Form:       8-K
Filed at:   2026-08-21T21:06:25+00:00
Accession:  0001628280-26-058480
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Northrop Grumman awards CEO Warden 35,910 performance-based MSUs tied to stock price through 2031
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- Independent Board approved one-time grant of 35,910 Market Stock Units (MSUs) to CEO Kathy J. Warden.
- Payout ranges 0%-150% based on absolute stock price performance; target requires at least 10% appreciation.
- 0% payout if stock price declines >25%; 150% payout if it appreciates >=50%.
- Award subject to Warden's continued service through Dec 31, 2031 performance period.
- Grant intended to sustain leadership and align with shareholder/customer interests.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133421/000162828026058480/0001628280-26-058480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133421/000162828026058480/noc-20260819.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-058480

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