NORTHROP GRUMMAN CORP /DE/
For the period ended Sep 30, 2026. Filed Oct 20, 2026.
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Sep 30, 2026 · Filed Oct 20, 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), restricted performance stock rights (RPSRs), and market stock units (MSUs) 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/MSUs granted | 0.1 | 0.1 |
| Grant date aggregate fair value | $168 | $104 |
RSRs typically vest on the third anniversary of the grant date, while RPSRs and MSUs generally vest and pay out based on the achievement of certain performance metrics and/or market conditions over a three-year period for RPSRs and through December 31, 2031 for MSUs.
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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 | 199 |
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 nine months ended September 30, 2026, there were no CUs granted to employees.
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