8-KItem 5.02 · Officer/Director Change
Northrop Grumman grants CEO Kathy Warden performance-based equity award
Filed with the SEC on · Summarized by InvestorsBot
Northrop Grumman’s independent directors approved a one-time award of 35,910 market stock units for Chair, CEO and President Kathy Warden on August 19, 2026. The award, payable based on stock-price performance through December 31, 2031, can range from 0% to 150% of the target amount; a 10% appreciation is required for a target payout, while a decline of more than 25% results in no payout, subject to her continued service.