DAVIES BENJAMIN R. (CVP & Pres. Defense Systems) exercised options at NORTHROP GRUMMAN CORP /DE/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/13/2026ACC: 0001628280-26-008120
Officer· CVP & Pres. Defense Systems
Since Feb 2026
+5.20K
Net shares
Net buyer
$824.1K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
9.57K acquired · 4.37K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+3.16K
Price / share
—
Trade value
—
% of position
1290.6%
2/11/2026
244.72→3.40K
Common Stock
Direct
Shares
−1.21K
Price / share
$678.83
Trade value
$824.10K
% of position
35.7%
2/11/2026
3.40K→2.19K
Total
Net shares
+1.94K
Net value
-$824.10K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/11/2026 | M · Option Exercise | +3.16K | — | — | 1290.6% | 244.72 | 3.40K |
| Common Stock Direct | 2/11/2026 | F · Tax Withholding | −1.21K | $678.83 | $824.10K | 35.7% | 3.40K | 2.19K |
| Total | +1.94K | -$824.10K | ||||||
Derivative Transactions3
Restricted Performance Stock Rights
Direct
Converts to
Common Stock
4.71K shares
Shares
+4.71K
Strike price
Held after
15.95K
Exercisable
—
2/11/2026
Restricted Stock Rights
Direct
Converts to
Common Stock
1.70K shares
Shares
+1.70K
Strike price
Held after
6.72K
Exercisable
—
2/11/2026
Restricted Performance Stock Rights
Direct
Converts to
Common Stock
3.16K shares
Shares
−3.16K
Strike price
Held after
12.79K
Exercisable
—
2/11/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Performance Stock Rights Direct | Common Stock4.71K shares | 2/11/2026 | A · Award | +4.71K | — | 15.95K | |
| Restricted Stock Rights Direct | Common Stock1.70K shares | 2/11/2026 | A · Award | +1.70K | — | 6.72K | |
| Restricted Performance Stock Rights Direct | Common Stock3.16K shares | 2/11/2026 | M · Option Exercise | −3.16K | — | 12.79K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned0.00
Total
0.00 indirect0.00
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 0.00 | Indirect |
| Total | 0.00 | 0.00 indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported