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Lockheed Martin (LMT) Space president Robert Lightfoot sells 2,606 shares in August

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lockheed Martin Corp executive Robert M. Lightfoot Jr., President Space, reported selling a total of 2,606 shares of common stock in mid-August 2026. On August 12, he sold 196 shares at $600.115 per share. On August 11, he reported additional sales of 846 and 1,564 shares at weighted average prices, with ranges of $601.0650–$601.8500 and $600.0000–$600.9300, respectively. He also reported 247.3195 shares held indirectly through the Lockheed Martin Salaried Savings Plan, with those holdings including acquisitions and dividend reinvestment.

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Insights

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Insider Lightfoot Robert M JR
Role President Space
Sold 2,606 shs ($118K)
Type Security Shares Price Value
Sale Common Stock F3 196 $600.115 $118K
Sale Common Stock F1 846 $0.00 $0.00
Sale Common Stock F2 1,564 $0.00 $0.00
holding Common Stock F4 -- -- --
Holdings After Transaction: Common Stock — 2,014.864 shares (Direct); Common Stock — 247.3195 shares (Indirect, Lockheed Martin Salaried Savings Plan)
Footnotes (4)
  1. F1. The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $601.0650 to $601.8500, 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. F2. The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $600.0000 to $600.9300, 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.
  3. F3. Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
  4. F4. Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.
Shares sold August 11, 2026 2,410 shares Total common shares sold on 2026-08-11 across two transactions
Shares sold August 12, 2026 196 shares Common shares sold on 2026-08-12 at a stated per-share price
Total shares sold 2,606 shares Net reported sales across all non-derivative transactions
Per-share price on August 12 sale $600.1150 per share Price for 196-share common stock sale on 2026-08-12
Price range for 846-share sale $601.0650–$601.8500 Weighted average price range for 846 shares sold on 2026-08-11
Price range for 1,564-share sale $600.0000–$600.9300 Weighted average price range for 1,564 shares sold on 2026-08-11
Indirect plan holdings 247.3195 shares Indirect common stock holdings via Lockheed Martin Salaried Savings Plan
weighted average price financial
"The price represents the weighted average price for multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dividend reinvestment financial
"Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Lockheed Martin Salaried Savings Plan financial
"indirectly under nature_of_ownership as Lockheed Martin Salaried Savings Plan"
indirect ownership financial
"Shares held indirectly through the Lockheed Martin Salaried Savings Plan"

FAQ

What did Lockheed Martin (LMT) executive Robert M. Lightfoot Jr. report in this Form 4?

Robert M. Lightfoot Jr., President Space at Lockheed Martin, reported selling 2,606 shares of common stock in August 2026. The transactions occurred on August 11 and 12 and were reported as open-market or private sales, with no purchases disclosed.

How many Lockheed Martin (LMT) shares did Robert M. Lightfoot Jr. sell and on which dates?

He reported selling 2,606 shares in total: 2,410 shares on August 11, 2026 and 196 shares on August 12, 2026. All transactions involved Lockheed Martin common stock and were coded as sales.

What prices were reported for Robert M. Lightfoot Jr.’s Lockheed Martin (LMT) stock sales?

One sale of 196 shares on August 12, 2026 was reported at $600.115 per share. August 11 sales used weighted average prices, with ranges of $601.0650–$601.8500 and $600.0000–$600.9300, as disclosed in the transaction footnotes.

Were Robert M. Lightfoot Jr.’s Lockheed Martin (LMT) transactions under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and no footnote states that these transactions were executed under a trading plan. The reported sales therefore are not identified as 10b5-1 plan trades in this filing.

What indirect Lockheed Martin (LMT) holdings did Robert M. Lightfoot Jr. report?

He reported 247.3195 shares of Lockheed Martin common stock held indirectly through the Lockheed Martin Salaried Savings Plan. A footnote explains that these holdings include additional acquisitions and dividend reinvestment within the company’s 401(k) plan.

Does the Form 4 show Robert M. Lightfoot Jr.’s total direct Lockheed Martin (LMT) holdings after the sales?

The Form 4 discloses that the reported transactions are dispositions of common stock but does not provide a post-transaction direct ownership total. It does, however, specify indirect plan holdings of 247.3195 shares as of the reportable transaction date.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Lightfoot Robert M JR

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President Space
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/11/2026S846D$0(1)3,774.864D
Common Stock08/11/2026S1,564D$0(2)2,210.864D
Common Stock08/12/2026S196D$600.1152,014.864(3)D
Common Stock247.3195(4)ILockheed 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $601.0650 to $601.8500, 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 $600.0000 to $600.9300, 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.
3. Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
4. Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.
Robert M. Lightfoot, Jr., by Lynda M. Noggle, Attorney-in-fact08/13/2026
** Signature of Reporting PersonDate
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)