NORTHROP GRUMMAN CORP /DE/
For the period ended Mar 31, 2026. Filed Apr 21, 2026.
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Mar 31, 2026 · Filed Apr 21, 2026
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9. Stock Compensation Plans and Other Compensation Arrangements
- STOCK COMPENSATION PLANS AND OTHER COMPENSATION ARRANGEMENTS
Stock Awards
The following table presents the number of restricted stock rights (RSRs) and restricted performance stock rights (RPSRs) granted to employees under the company’s long-term incentive stock plan and the grant date aggregate fair value of those stock awards for the periods presented:
| in millions | 2026 | 2025 |
|---|---|---|
| RSRs granted | 0.1 | 0.1 |
| RPSRs granted | 0.1 | 0.1 |
| Grant date aggregate fair value | $139 | $100 |
RSRs typically vest on the third anniversary of the grant date, while RPSRs generally vest and pay out based on the achievement of certain performance metrics and market conditions over a three-year period.
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Cash Awards
The following table presents the minimum and maximum aggregate payout amounts related to cash units (CUs) and cash performance units (CPUs) granted to employees in the periods presented:
| $ in millions | 2026 | 2025 |
|---|---|---|
| Minimum aggregate payout amount | $— | $35 |
| Maximum aggregate payout amount | 163 | 198 |
CUs typically vest and settle in cash on the third anniversary of the grant date, while CPUs generally vest and pay out in cash based on the achievement of certain performance metrics over a three-year period. During the three months ended March 31, 2026, there were no CUs granted to employees.
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