Lockheed Martin COO logs equity vesting and tax moves

Lockheed Martin Chief Operating Officer Frank A. St John reported multiple equity transactions in company stock.

Rhea-AI Filing Summary

Lockheed Martin Chief Operating Officer Frank A. St John reported multiple equity transactions in company stock. On February 22, 2026, he acquired 3,756 shares of common stock upon exercise of restricted stock units and received an additional 3,063 shares as a stock award.

To cover tax withholding on these vestings, 2,993 shares of common stock were disposed of to the company. After these transactions, he directly held 3,826 common shares and indirectly held about 6.9377 shares through the Lockheed Martin Salaried Savings Plan.

Insider Trade Summary

3,756 shares exercised/converted

Exercise 5 txns

Insider St John Frank A

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,756	$0.00	$0.00
Exercise	Common Stock	3,756	$0.00	$0.00
Grant/Award	Common Stock	3,063	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,993	$658.26	$1.97M
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 3,826 shares (Direct); Common Stock — 6.9377 shares (Indirect, Lockheed Martin Salaried Savings Plan)

Footnotes (5)

1. F1. Restricted stock units convert to common stock on a one-for-one basis.
2. F2. Shares acquired upon settlement of performance stock units granted on February 22, 2023, following the end of a three-year performance period 2023-2025 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.
3. F3. Disposition to the Issuer of shares to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3.
4. F4. Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.
5. F5. On February 22, 2023, the reporting person was granted 3,910 restricted stock units, the remaining unvested portion of which vested on the third anniversary of the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Lockheed Martin (LMT) COO Frank A. St John report?

Frank A. St John reported equity transactions involving Lockheed Martin stock. He exercised 3,756 restricted stock units into common shares, received a 3,063-share stock award, and had 2,993 shares withheld and disposed to the company to satisfy tax obligations related to these vestings.

How many Lockheed Martin (LMT) shares did the COO acquire in the latest Form 4?

The COO acquired 3,756 Lockheed Martin common shares through conversion of restricted stock units and 3,063 additional shares via a grant. These awards stemmed from prior equity programs, including performance stock units tied to a 2023–2025 performance cycle and earlier restricted stock unit grants.

Why were some Lockheed Martin (LMT) shares disposed of in the COO’s Form 4?

The Form 4 shows 2,993 Lockheed Martin common shares were disposed of to the issuer. This disposition was specifically to satisfy Frank A. St John’s tax withholding obligations upon vesting and settlement of stock units, a transaction type described as exempt under Rule 16b-3 in the disclosure.

What are Frank A. St John’s Lockheed Martin (LMT) share holdings after these transactions?

After the reported transactions, Frank A. St John directly held 3,826 Lockheed Martin common shares. He also had approximately 6.9377 additional shares held indirectly through the Lockheed Martin Salaried Savings Plan, reflecting acquisitions and dividend reinvestment within the company’s 401(k) program.

How were Lockheed Martin (LMT) performance stock units reflected in this Form 4?

Some shares came from performance stock units granted February 22, 2023. These units covered a three-year 2023–2025 performance cycle, with the amount earned based on satisfaction of three financial metrics. Upon settlement, they converted one-for-one into common stock as disclosed in the filing’s footnotes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/24/2026 - 07:22 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

St John Frank A

(Last) (First) (Middle)

6801 ROCKLEDGE DRIVE

(Street)

BETHESDA MD 20817

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LOCKHEED MARTIN CORP [ LMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/22/2026		M		3,756	A	$0(1)	3,756	D
Common Stock	02/22/2026		A		3,063(2)	A	$0(2)	6,819	D
Common Stock	02/22/2026		F		2,993(3)	D	$658.26	3,826	D
Common Stock								6.9377(4)	I	Lockheed Martin Salaried Savings Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/22/2026		M			3,756	(5)	02/22/2026	Common Stock	3,756	$0.0000	0.0000	D

Explanation of Responses:

1. Restricted stock units convert to common stock on a one-for-one basis.

2. Shares acquired upon settlement of performance stock units granted on February 22, 2023, following the end of a three-year performance period 2023-2025 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.

3. Disposition to the Issuer of shares to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3.

4. Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.

5. On February 22, 2023, the reporting person was granted 3,910 restricted stock units, the remaining unvested portion of which vested on the third anniversary of the grant date.

	Frank A. St. John, by Lynda M. Noggle, Attorney-in-fact	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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