Lockheed Martin (LMT) Space president Robert Lightfoot sells 2,606 shares in August
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 Trade Summary
Net Seller: 2,606 shares
Net Sell
4 txns
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)
- 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.
- 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.
- F3. Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
- F4. Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.
Key Figures
Shares sold August 11, 2026: 2,410 shares
Shares sold August 12, 2026: 196 shares
Total shares sold: 2,606 shares
+4 more
7 metrics
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
Key Terms
weighted average price, dividend reinvestment, Lockheed Martin Salaried Savings Plan, indirect ownership
4 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.