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AI brief of an SEC Form 8-K · Northrop Grumman (NOC)

Northrop Grumman elects former Joint Chiefs vice chairman Adm. Christopher Grady to board

Neutral Impact 2 of 5 leadership Written later

Northrop Grumman's board elected Admiral Christopher W. Grady, a retired Vice Chairman of the Joint Chiefs of Staff, to the board effective February 12, 2026, expanding the board from 12 to 13 members. The filing also sets the 2026 executive incentive metrics and names James S. Turley as Lead Independent Director effective May 20, 2026, which is a governance change rather than a financial result.

Key points

  • Admiral Christopher W. Grady elected to the board effective February 12, 2026; board size increased from 12 to 13 members
  • Grady receives a $145,000 annual cash retainer, a $15,000 retainer for Audit and Risk Committee service, and a $182,500 annual deferred stock unit grant
  • James S. Turley to become Lead Independent Director effective May 20, 2026, succeeding Madeleine A. Kleiner, who retires at the 2026 Annual Meeting
  • 2026 incentive plan weights cash flow from operations 20%, segment operating income 25%, sales 25% and strategic metrics 30%

The filing

CompanyNorthrop Grumman (NOC)
Form8-K, current report
Filed with the SECFeb 13, 2026, 4:24 PM ET
Accession number0001628280-26-008140

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.