SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 12, 2004 NORTHROP GRUMMAN CORPORATION (Exact Name of Registrant as Specified in Charter) DELAWARE 1-16411 No. 95-4840775 (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification Number) 1840 CENTURY PARK EAST LOS ANGELES, CA 90067 www.northropgrumman.com ----------------------- (Address of Principal Executive Offices and internet site) Registrant's telephone number, including area code: (310) 553-6262 ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On May 12, 2004, we announced that our Board of Directors has declared a 2-for-1 stock split of the Company's common stock. The split will be accomplished in the form of a stock dividend of one additional share of the Company's common stock for each share held. The additional shares of common stock will be distributed on June 21, 2004 to stockholders of record on May 28, 2004. Further, we have adjusted the number of shares of common stock reserved under our various equity based agreements and compensation plans. The Board also declared a dividend of $0.46 per share of common stock, to be paid on June 5, 2004, to each holder of record on May 24, 2004. Finally, the Board declared a dividend of $1.75 per share of Series B Convertible Preferred Stock to be paid on July 15, 2004, to each holder of record on July 2, 2004. A copy of the press release is attached to this report as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press release dated May 12, 2004 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORTHROP GRUMMAN CORPORATION Date: May 13, 2004 By: /s/ John H. Mullan -------------------------------- Name: John H. Mullan Title: Corporate Vice President and Secretary EXHIBIT INDEX 99.1 Press Release, dated May 12, 2004