Lockheed Martin CFO granted 2,779 RSUs
Lockheed Martin Chief Financial Officer Evan T. Scott reported an equity award of restricted stock units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,779 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
- F2. Award of restricted stock units which vests on the third anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lockheed Martin (LMT) report for its CFO?
How many restricted stock units did the Lockheed Martin (LMT) CFO receive?
What does each Lockheed Martin (LMT) restricted stock unit represent in this Form 4?
When do the newly granted Lockheed Martin (LMT) restricted stock units vest?
Was the Lockheed Martin (LMT) CFO’s Form 4 transaction a stock purchase or sale?
How many derivative securities does the Lockheed Martin (LMT) CFO hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.