Insider trade

Benjamin R. Davies sold about $1.58M of Northrop Grumman shares on Feb 18, 2026

Traded Feb 18, 2026 · Filed Feb 19, 2026

Northrop GrummanNOC

~$1.58M
Reported value · 2,189.04 sh @ $719.61: 151
Holds after · shares reported: -33.5%
stock since the trade · S&P 500 +11.3%, $724.83 → $482.00 on Oct 1

Why it stands out

Northrop Grumman's CVP & Pres. Defense Systems sold $1.58M of Northrop Grumman shares. Nobody planned it ahead of time.

No pre-arranged plan is mentioned in the filing
Sold 94% of their holdings
Their first sale in the data covering the past year
6 insiders at Northrop Grumman sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 18, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 19, 2026

Officer$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,575,255

Shares × reported transaction price

Timing vs results

22 days after results of Jan 27, 2026, 62 days before results of Apr 21, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $724.83 on Feb 18, 2026, at its 52-week high, after a 19% rise over the previous 30 trading days

52-week range $433.45 (Feb 19, 2025) to $724.83 (Feb 18, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $611.32 on Jan 5, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.1%	-0.5%	+0.6%
30 days	-6.0%	-4.9%	-1.1%
90 days	-23.8%	+7.7%	-31.5%
180 days	-19.4%	+11.6%	-31.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001628280-26-009800
Filed / recorded: Feb 19, 2026, 9:30 PM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: NORTHROP GRUMMAN CORP /DE/
Issuer CIK: 1133421
Ticker: NOC
Reporting person: Benjamin R. Davies
Relationship: Officer
Officer title: CVP & Pres. Defense Systems
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 18, 2026
Transaction code: S
Shares / units: 2,189.04
Price per share: $719.61
Acquired / disposed: Disposed (D)
Shares owned after: 151
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents the weighted average sale price of $719.61 rounded to the nearest hundredth. The highest price at which the shares were sold was $719.935 and the lowest price at which the shares were sold was $719.55. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.

Around the same time

Defense awarded7mo ago

$97Mcommitted so far

Pam,aircraft,materi

$97M committed so farcould reach $198M

Starts Feb 10, 2026Runs until Nov 6, 2028

The Department of Defense placed a delivery order with Northrop Grumman, committing $97M so far with a maximum potential of $198M. This is a routine order under an existing larger agreement that runs about three years.

Why it stands out Official record

Officer sold ~$650K of Northrop Grumman

Scheduled in advance7mo ago

Officer sold ~$1.26M of Northrop Grumman