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Lockheed Martin (LMT) Aeronautics president sells 2,840 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lockheed Martin executive Gregory M. Ulmer, President Aeronautics, reported open-market sales of company common stock. On February 27, 2026, he sold 320 shares and 2,520 shares in separate transactions, at weighted-average prices ranging from $650.00 to $651.36 per share. After these sales, he directly owned 5,661.228 shares of Lockheed Martin common stock and indirectly held 104.8105 shares through the Lockheed Martin Salaried Savings Plan.

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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*
Ulmer Gregory M

(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)
President Aeronautics
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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
Common Stock 02/27/2026 S 320 D $0(1) 8,181.228 D
Common Stock 02/27/2026 S 2,520 D $0(2) 5,661.228 D
Common Stock 104.8105 I Lockheed Martin Salaried Savings Plan
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 price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $651.1400 to $651.3600, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
2. The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $650.0000 to $650.9400, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Gregory M. Ulmer, 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 Gregory Ulmer report for Lockheed Martin (LMT)?

Gregory M. Ulmer, Lockheed Martin’s President Aeronautics, reported selling company common stock. He executed two open-market sales totaling 2,840 shares of Lockheed Martin common stock on February 27, 2026, as disclosed in a Form 4 insider trading report.

How many Lockheed Martin (LMT) shares did Gregory Ulmer sell and at what prices?

Gregory Ulmer sold 320 shares and 2,520 shares of Lockheed Martin common stock. Weighted-average sale prices ranged from $650.00 to $651.36 per share, with each line representing multiple trades within those price ranges according to the disclosed footnotes.

How many Lockheed Martin (LMT) shares does Gregory Ulmer own after these sales?

After the reported sales, Gregory Ulmer directly owns 5,661.228 shares of Lockheed Martin common stock. He also indirectly holds 104.8105 shares through the Lockheed Martin Salaried Savings Plan, reflecting his remaining economic interest disclosed in the Form 4 filing.

What does the weighted-average price disclosure mean in Ulmer’s Lockheed Martin (LMT) Form 4?

The filing states that each price is a weighted-average for multiple trades. Individual transactions occurred within ranges of $651.14$651.36 and $650.00$650.94. Ulmer will provide exact share counts at each price upon request to regulators, the issuer, or shareholders.

How is Gregory Ulmer’s indirect ownership in Lockheed Martin (LMT) structured?

Ulmer’s indirect ownership consists of 104.8105 shares of Lockheed Martin common stock held through the Lockheed Martin Salaried Savings Plan. This plan-based position is reported separately from his directly held shares, reflecting retirement or savings-plan holdings associated with his employment.

What role does Gregory Ulmer hold at Lockheed Martin (LMT) in this Form 4?

In the Form 4, Gregory M. Ulmer is identified as an officer of Lockheed Martin, serving as President Aeronautics. His reported transactions therefore represent trades by a senior executive with direct and indirect ownership positions in the company’s common stock.
Lockheed Martin

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Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States
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