Lockheed Martin (LMT) executive awarded 2,084 restricted stock units in Form 4

Rhea-AI Filing Summary

Hill Stephanie C. reported acquisition or exercise transactions in this Form 4 filing.

Lockheed Martin executive Stephanie C. Hill, President of Rotary & Mission Systems, received a grant of 2,084 restricted stock units of Lockheed Martin common stock at a price of $0.00 per unit. Each unit represents the right to receive one share of common stock if vesting conditions are met.

The award vests on the third anniversary of the grant date. For retirement-eligible executives, vesting may be accelerated as needed to cover tax withholding, with the corresponding vested shares delivered back to the company 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

OMB APPROVAL

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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^*

Hill Stephanie C.

(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. Rotary & Mission Systems

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		2,084(2)		(2)	02/25/2029	Common Stock	2,084(2)	$0.0000	2,084	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.

	Stephanie C. Hill, 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 Stephanie C. Hill?

Lockheed Martin reported that executive Stephanie C. Hill received 2,084 restricted stock units as an equity award. These units represent a contingent right to receive the same number of Lockheed Martin common shares, subject to future vesting conditions and potential tax-related share withholding.

How many restricted stock units did Stephanie C. Hill acquire in this Lockheed Martin Form 4?

Stephanie C. Hill acquired 2,084 restricted stock units in this transaction. Each restricted stock unit corresponds to one share of Lockheed Martin common stock, contingent on vesting, making the award equivalent to 2,084 potential shares if all vesting conditions are ultimately satisfied.

What are the vesting terms of Stephanie C. Hill’s restricted stock units at Lockheed Martin (LMT)?

The restricted stock units awarded to Stephanie C. Hill vest on the third anniversary of the grant date. For retirement-eligible executives, vesting may be accelerated as necessary to cover tax withholding obligations, with certain vested shares used specifically to satisfy those tax payments.

Does Stephanie C. Hill pay anything for the restricted stock units reported by Lockheed Martin (LMT)?

Stephanie C. Hill does not pay a purchase price for these restricted stock units, which are granted at $0.00 per unit. The award is part of her equity compensation, providing a contingent right to receive shares if the time-based vesting requirement is met.

How will taxes be handled on Stephanie C. Hill’s Lockheed Martin restricted stock units?

For retirement-eligible reporting persons, vesting of restricted stock units may be accelerated to satisfy tax withholding obligations. In that case, vested shares are transferred back to Lockheed Martin to cover taxes, in a transaction exempt from short-swing profit rules under Rule 16b-3.

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

Each restricted stock unit represents a contingent right to receive one share of Lockheed Martin common stock. Delivery of shares occurs only if the award satisfies its vesting terms, which include a three-year time-based vesting schedule from the grant date described in the filing.