Lockheed Martin (NYSE: LMT) COO awarded 3,243 restricted stock units

Rhea-AI Filing Summary

St John Frank A reported acquisition or exercise transactions in this Form 4 filing.

Lockheed Martin Chief Operating Officer Frank A. St John reported an award of 3,243 restricted stock units. Each unit represents a contingent right to receive one share of Lockheed Martin common stock, giving him a potential future equity stake tied to company performance and service.

The restricted stock units vest on the third anniversary of the grant date. For retirement-eligible executives, vesting may be accelerated as needed to cover tax withholding, with the vested shares disposed back to Lockheed Martin to satisfy those tax obligations under an exempt Rule 16b-3 transaction.

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

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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)
02/25/2026

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

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)	02/25/2026		A		3,243(2)		(2)	02/25/2029	Common Stock	3,243(2)	$0.0000	3,243	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

2. 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.

	Frank A. St. John, by Lynda M. Noggle, Attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Lockheed Martin (LMT) report on this Form 4?

Lockheed Martin reported that Chief Operating Officer Frank A. St John received an award of 3,243 restricted stock units. These units are a form of equity compensation, giving him a contingent right to receive an equal number of Lockheed Martin common shares in the future.

How many restricted stock units were granted to the Lockheed Martin (LMT) COO?

Frank A. St John was granted 3,243 restricted stock units. Following this grant, his reported holdings in these units total 3,243, reflecting a new equity-based incentive that aligns his compensation more closely with Lockheed Martin’s long-term share performance and shareholder interests.

When do the Lockheed Martin (LMT) restricted stock units granted to the COO vest?

The restricted stock units granted to the COO vest on the third anniversary of the grant date. This three-year vesting schedule encourages longer-term retention and alignment, as the executive must remain in service through that period to fully earn the underlying Lockheed Martin shares.

Can vesting of the Lockheed Martin (LMT) COO’s restricted stock units be accelerated?

Vesting may be accelerated for retirement-eligible reporting persons to the extent needed to satisfy tax withholding obligations. In such cases, vested shares are disposed back to Lockheed Martin specifically to cover taxes, and this disposition is treated as an exempt transaction under Rule 16b-3.

What does each Lockheed Martin (LMT) restricted stock unit granted to the COO represent?

Each restricted stock unit represents a contingent right to receive one share of Lockheed Martin common stock. The units do not immediately provide shares or cash, but convert into shares upon vesting, subject to the award terms and any applicable tax withholding requirements at that time.

Is the Lockheed Martin (LMT) COO’s ownership of these restricted stock units direct or indirect?

The filing classifies the COO’s ownership of these restricted stock units as direct. This means the award is held in his own name rather than through a separate entity such as a trust, partnership, or family investment vehicle, according to the ownership coding used in the report.