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