Lockheed Martin director gifts 1,796 shares between trusts

After the transfer, the reported direct common-stock position was 6,003 shares, while the indirect trust position was 0 shares.

Rhea-AI Filing Summary

Lockheed Martin (LMT) director David B. Burritt reported a gift transfer of 1,796 common shares on October 23, 2026, from an irrevocable trust for the benefit of members of his immediate family to a revocable living trust of which he is sole trustee. The reported resulting positions were 6,003 shares held directly and 0 shares in the indirect trust position.

Insider Trade Summary

3,592 shares gifted

Gift 2 txns

Insider BURRITT DAVID B

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock F1	1,796	$0.00	$0.00
Gift	Common Stock F1	1,796	$0.00	$0.00

Holdings After Transaction: Common Stock — 6,003 shares (Direct); Common Stock — 0 shares (Indirect, By Trust)

Footnotes (1)

1. F1. The Reporting Person transferred these shares from an irrevocable trust for the benefit of members of his immediate family to a revocable living trust of which he is the sole trustee.

Key Figures

Common shares transferred: 1,796 shares Direct common shares after transaction: 6,003 shares Indirect trust shares after transaction: 0 shares

3 metrics

Common shares transferred 1,796 shares Gift transfer on October 23, 2026

Direct common shares after transaction 6,003 shares Reported after the October 23, 2026 transaction

Indirect trust shares after transaction 0 shares Reported after the October 23, 2026 transaction

Key Terms

irrevocable trust, revocable living trust, Bona fide gift

3 terms

irrevocable trust financial

"from an irrevocable trust for the benefit of members of his immediate family"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

revocable living trust financial

"to a revocable living trust of which he is the sole trustee"

Bona fide gift regulatory

"Bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

FAQ

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How many LMT shares did David B. Burritt transfer between trusts?

David B. Burritt reported a gift transfer of 1,796 common shares on October 23, 2026, from an irrevocable trust for the benefit of members of his immediate family to a revocable living trust of which he is sole trustee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/27/2026 - 06:13 PM EDT Accepted by SEC EDGAR 10/27/2026 - 06:13 PM EDT Learn about SEC filing dates

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^*

BURRITT DAVID B

(Last) (First) (Middle)

6801 ROCKLEDGE DRIVE

(Street)

BETHESDA MARYLAND 20817

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LOCKHEED MARTIN CORP [ LMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	10/23/2026		G(1)	V	1,796	A	$0.0000	6,003	D
Common Stock	10/23/2026		G(1)	V	1,796	D	$0.0000	0.0000	I	By Trust

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

Explanation of Responses:

1. The Reporting Person transferred these shares from an irrevocable trust for the benefit of members of his immediate family to a revocable living trust of which he is the sole trustee.

	David B. Burritt, by Lynda M. Noggle, Attorney-in-fact	10/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)