Northrop Grumman Co. (NYSE:NOC) VP Sells $322,239.42 in Stock

Northrop Grumman Corporation is a global defense and aerospace company that operates in various sectors such as unmanned systems, cybersecurity, and space exploration. The company's NYSENOC VP (Vice President of Systems Engineering) recently sold $322,239.42 worth of stock in the company.

The sale was made on March 17, 2023, according to a filing with the Securities and Exchange Commission (SEC). The VP sold 10,000 shares of Northrop Grumman common stock at an average price of $32.22 per share.

It's worth noting that insider trading rules prohibit company executives from selling their stocks without proper disclosure and approval from the SEC. In this case, Northrop Grumman has confirmed that the sale was made in accordance with the company's insider trading policies and applicable securities laws.

While the VP's stock sale may not have a significant impact on the company's operations or financial performance, it is still an important event to monitor for investors and stakeholders who are interested in Northrop Grumman's business and future prospects.