Lockheed Martin SEC Filings

Lockheed Martin (LMT) Chairman, President & CEO James D. Taiclet reported equity compensation activity involving restricted stock units. On 12/05/2025, portions of RSU grants from February 22, 2023, February 22, 2024, and February 26, 2025 converted into 391, 294, and 134 shares of common stock, respectively, through transaction code M. These shares were immediately paired with dispositions coded F back to Lockheed Martin to cover tax withholding obligations at a reported price of $452.2 per share, with the transactions described as exempt under Rule 16b-3. After these movements, Taiclet directly held 66,994.855 shares, plus 62.3985 shares indirectly via the Lockheed Martin Salaried Savings Plan, and continued to hold RSUs that remain subject to future vesting conditions.

Lockheed Martin Corporation officer Stephanie C. Hill, President of Rotary & Mission Systems, reported stock transactions related to restricted stock units on 12/05/2025. Several small blocks of common stock, including 44, 39 and 38 shares, were acquired at $0 per share upon the vesting and conversion of previously granted restricted stock units, and matching blocks were surrendered to the company at $452.2 per share to cover tax withholding obligations.

After these transactions, Hill directly held 9,332.256 Lockheed Martin common shares and indirectly held 4,166.0702 shares through the Lockheed Martin Salaried Savings Plan. She also beneficially owned restricted stock units covering 39, 44 and 38 underlying shares, which convert to common stock on a one-for-one basis and generally remain subject to continued vesting even if she retires before the third anniversary of the grant dates.

Lockheed Martin Chief Operating Officer Frank A. St. John reported routine equity compensation activity involving restricted stock units (RSUs) and related share dispositions on 12/05/2025. Several RSU grants vested early because he is retirement-eligible, converting into small blocks of common stock of 63, 54, and 53 shares, which increased his directly held shares before tax withholding.

To cover his tax withholding obligations on these vestings, he transferred an aggregate of 170 shares back to Lockheed Martin at a price of $452.20 per share, leaving him with no directly owned common shares after these transactions. The footnotes state these transactions are exempt under Rule 16b-3 and that the remaining RSU balances from the 2023, 2024, and 2025 grants will continue to vest if he retires before the third anniversary of each grant date.

Lockheed Martin Corporation reported an insider equity transaction by Timothy S. Cahill, President of Missiles & Fire Control. On 12/05/2025, portions of previously granted restricted stock units converted into common stock and vested, with 38 shares from a February 22, 2024 grant, 33 shares from a February 22, 2023 grant, and 33 shares from a February 26, 2025 grant acquired at an exercise price of $0 per share. To cover related tax withholding obligations, Cahill disposed of 33, 33, and 38 shares back to Lockheed Martin at $452.2 per share, and a further 338 shares were transferred as a gift at $0.0000 per share.

Following these transactions, Cahill directly owned 11,370.597 shares of Lockheed Martin common stock and held an additional 60.909 shares indirectly through the Lockheed Martin Salaried Savings Plan. RSU awards remain outstanding, including 33, 38, and 33 restricted stock units linked to grants that continue to vest according to their original schedules.

Lockheed Martin Corporation entered into a new $3.0 billion 364‑day unsecured revolving credit facility with a syndicate of banks led by Bank of America as administrative agent. The facility can be used for any lawful corporate purpose, including supporting the company’s commercial paper borrowings.

The credit agreement matures on December 4, 2026, and Lockheed Martin may elect to convert any outstanding balance at that time into non‑revolving term loans for an additional year, payable on December 4, 2027. Borrowings bear interest at rates based on a Base Rate or SOFR, with a Term SOFR margin ranging from 0.585% to 1.085% per year, and a 0.04% quarterly facility fee applies to total commitments. The agreement includes customary covenants and events of default, and no borrowings were outstanding at closing.

Lockheed Martin (LMT): Officer Maria A. Ricciardone reported routine equity activity on 10/24/2025. 446 restricted stock units converted into common stock at $0, followed by a disposition of 196 shares to the issuer to satisfy tax withholding at $485.41 under Rule 16b-3.

After these transactions, she directly beneficially owned 759.54 shares. She also held 37.7304 shares indirectly through the Lockheed Martin Salaried Savings Plan. Restricted stock units convert to common stock on a one-for-one basis.

Lockheed Martin (LMT) Chief Operating Officer Frank A. St. John reported open-market sales of common stock on 10/23/2025.

He sold 69 shares at $492.42, 3,020 shares at a weighted average price of $490.5827 (prices ranged from $490.0100 to $490.9900), and 4,703 shares at a weighted average price of $491.3097 (prices ranged from $491.0200 to $491.8400). The filing notes he will provide detailed trade breakdowns upon request.

After these transactions, his direct beneficial ownership was 0.522 shares, reflecting fractional shares from dividend reinvestment. He also executed an intra‑plan transfer out of the company stock fund within the Lockheed Martin Salaried Savings Plan, valued at $488.0500 on the transfer date and reported as exempt under Rule 16b‑3(f).

Derivative positions disclosed include 121.6513 phantom stock units under the Supplemental Savings Plan (settled in cash upon retirement or termination) and 159.2925 phantom stock units under the Deferred Management Incentive Compensation Plan (settled in stock upon retirement or termination).

Lockheed Martin (LMT) filed a Form 144 notice for the proposed sale of 7,792 shares of common stock. The filing lists an aggregate market value of $3,826,166.54, with Morgan Stanley Smith Barney LLC Executive Financial Services as broker, an approximate sale date of 10/23/2025, and the NYSE as the exchange.

The securities to be sold were acquired through restricted stock vesting under a registered plan, including 7,630 shares on 02/23/2025, 55 on 06/30/2025, 56 on 03/31/2025, and 51 on 09/29/2025, each for services rendered.

Shares outstanding were 231,397,796; this is a baseline figure, not the amount being sold.

Lockheed Martin (LMT) reported higher Q3 results. Total sales rose to $18.609B from $17.104B, and diluted EPS increased to $6.95 from $6.80. Operating profit was $2.280B versus $2.140B. By segment, sales were Aeronautics $7.256B, Missiles and Fire Control $3.624B, Rotary and Mission Systems $4.373B, and Space $3.356B. The F‑35 program represented approximately 26% of total sales for the quarter.

For the nine months, sales reached $54.727B (up from $52.421B), while net earnings were $3.673B (down from $4.809B) reflecting pension and program effects. Cash from operations was robust at $5.338B. Cash and equivalents were $3.470B and contract assets and liabilities stood at $13.949B and $10.259B, respectively.

The company repurchased 5.0 million shares for $2.3B year‑to‑date and paid dividends of $9.90 per share. In October 2025, the board increased the repurchase authorization by $2.0B to $9.1B and authorized a Q4 dividend of $3.45 per share. Shares outstanding were 231,397,796 as of October 16, 2025. The previously disclosed $360M acquisition of Amentum’s Rapid Solutions recorded $195M of goodwill in Space.