Lockheed Martin (LMT) CFO receives grant of 2,779 restricted stock units

Rhea-AI Filing Summary

Lockheed Martin Chief Financial Officer Evan T. Scott reported an equity award of restricted stock units. He received 2,779 restricted stock units, each representing a contingent right to receive one share of Lockheed Martin common stock. The award will vest on the third anniversary of the grant date, meaning the units convert into shares only if the vesting conditions are met. This is an acquisition of stock-based compensation rather than an open-market purchase or sale, and it increases his directly held derivative equity stake in the company.

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^*

Scott Evan T

(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 Financial 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		2,779(2)		(2)	02/25/2029	Common Stock	2,779(2)	$0.0000	2,779	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.

	Evan T. Scott, 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.
* 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 Lockheed Martin (LMT) report for its CFO?

Lockheed Martin reported that Chief Financial Officer Evan T. Scott received an award of 2,779 restricted stock units. These units are a form of stock-based compensation that convert into common shares only if vesting conditions are satisfied over time.

How many restricted stock units did the Lockheed Martin (LMT) CFO receive?

The CFO received 2,779 restricted stock units in this transaction. Each restricted stock unit represents a contingent right to receive one share of Lockheed Martin common stock, subject to vesting on the third anniversary of the grant date.

What does each Lockheed Martin (LMT) restricted stock unit represent in this Form 4?

Each restricted stock unit represents a contingent right to receive one share of LMT common stock. The units only convert into actual shares if the specified vesting conditions are met, aligning executive compensation with long-term shareholder value.

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

The restricted stock units vest on the third anniversary of the grant date. This three-year vesting schedule encourages long-term retention and performance, as the CFO must remain and meet conditions before receiving the underlying common shares.

Was the Lockheed Martin (LMT) CFO’s Form 4 transaction a stock purchase or sale?

The transaction was neither an open-market purchase nor a sale; it was an acquisition of restricted stock units as a grant or award. This increases his potential future share ownership if the units vest after three years.

How many derivative securities does the Lockheed Martin (LMT) CFO hold after this grant?

Following this award, the CFO holds 2,779 restricted stock units as reported. These units are classified as derivative securities and directly owned, representing potential future shares upon satisfaction of vesting conditions.