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Lockheed Martin (LMT) officer Timothy Cahill discloses RSU vesting, tax share sales

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
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*
Cahill Timothy S

(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)
Pres. Missiles & Fire Control
3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025
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 12/05/2025 M 38(1) A $0(1) 11,746.597 D
Common Stock 12/05/2025 M 33(2) A $0(2) 11,779.597 D
Common Stock 12/05/2025 M 33(3) A $0(3) 11,812.597 D
Common Stock 12/05/2025 F 33(4) D $452.2 11,779.597(5) D
Common Stock 12/05/2025 F 33(4) D $452.2 11,746.597(5) D
Common Stock 12/05/2025 F 38(4) D $452.2 11,708.597(5) D
Common Stock 12/05/2025 G 338 D $0.0000 11,370.597(5) D
Common Stock 60.909(5) 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 (6) 12/05/2025 M 33(2) (2) 02/22/2026 Common Stock 33 (2) 2,533 D
Restricted Stock Units (6) 12/05/2025 M 38(1) (1) 02/22/2027 Common Stock 38 (1) 2,936 D
Restricted Stock Units (6) 12/05/2025 M 33(3) (3) 02/26/2028 Common Stock 33 (3) 3,024 D
Explanation of Responses:
1. Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2024, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
2. Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2023, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
3. Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 26, 2025, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
4. 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.
5. Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
6. Restricted stock units convert to common stock on a one-for-one basis.
Remarks:
Exhibits 24, Power of Attorney and Substitute Power of Attorney
Timothy S. Cahill, by Lynda M. Noggle, Attorney-in-fact 12/09/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did LMT report for Timothy S. Cahill?

The filing reports that Timothy S. Cahill, President of Missiles & Fire Control, had portions of his restricted stock units convert and vest into common stock on 12/05/2025, with related share dispositions to cover tax withholding and a separate gift transfer.

How many Lockheed Martin (LMT) shares did Timothy Cahill acquire and at what price?

Cahill acquired 38, 33, and 33 shares of Lockheed Martin common stock upon RSU conversion at an exercise price of $0 per share, reflecting the vesting of previously granted restricted stock units.

What sales or dispositions of LMT shares did Timothy Cahill report?

To satisfy tax withholding obligations on the RSU vesting, Cahill disposed of 33, 33, and 38 shares back to Lockheed Martin at $452.2 per share, and he also transferred 338 shares as a gift at $0.0000 per share.

How many Lockheed Martin (LMT) shares does Timothy Cahill own after the reported transactions?

After the transactions, Cahill directly owned 11,370.597 shares of Lockheed Martin common stock and held 60.909 additional shares indirectly through the Lockheed Martin Salaried Savings Plan.

What restricted stock units remain outstanding for Timothy Cahill at LMT?

The filing shows remaining restricted stock units including 33 units tied to a February 22, 2023 grant, 38 units tied to a February 22, 2024 grant, and 33 units tied to a February 26, 2025 grant, each convertible into one share of common stock.

What is Timothy Cahill’s role at Lockheed Martin (LMT)?

Cahill is reported as an Officer of Lockheed Martin, serving as President, Missiles & Fire Control, and he files individually as a single reporting person on this Form 4.

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107.69B
231.22M
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Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States
BETHESDA