Stephanie C. Hill - 26 Feb 2025 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Pres. Rotary & Mission Systems
Signature
Stephanie C. Hill, by Peter A. Christou, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
26 Feb 2025
Transactions value $
$-2,120,042
Form type
4
Filing time
28 Feb 2025, 20:01:20 UTC
Previous filing
25 Feb 2025
Next filing
09 Dec 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Sale $-2,120,042 -4,791 -33.9% $442.51 9,332 26 Feb 2025 Direct F1
holding LMT Common Stock 4,066 26 Feb 2025 Lockheed Martin Salaried Savings Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMT Restricted Stock Units Award $0 +3,057 $0.000000 3,057 26 Feb 2025 Common Stock 3,057 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $442.0000 to $442.9100, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 Holdings as of reportable transaction date reflect daily account balance fluctuations due to the unitized nature of the 401(k) plan's company stock/ESOP fund.
F3 Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
F4 Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible reporting persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the reporting person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.