Lockheed Martin (NYSE: LMT) exec reports 2,410-share net stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOCKHEED MARTIN CORP executive Stephanie C. Hill reported a mix of stock acquisitions and sales. On February 22, 2026, she acquired 2,517 shares of common stock through the conversion of restricted stock units and received a grant of 2,059 common shares, while 2,166 shares were disposed to the issuer to cover tax withholding.
Following these equity events, her direct common stock holdings were 13,908.256 shares. On February 24, 2026, she executed open‑market sales totaling 2,410 common shares, including 10 shares at a weighted average price of $666.05 per share, leaving 9,332.256 directly held shares. She also indirectly held 4,204.2933 shares through the Lockheed Martin Salaried Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,410 shares ($6,661)
Net Sell
7 txns
Insider
Hill Stephanie C.
Role
Pres. Rotary & Mission Systems
Sold
2,410 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10 | $666.05 | $7K |
| Sale | Common Stock | 2,400 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,517 | $0.00 | -- |
| Exercise | Common Stock | 2,517 | $0.00 | -- |
| Grant/Award | Common Stock | 2,059 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,166 | $658.26 | $1.43M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,732.256 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 4,204.293 shares (Indirect, Lockheed Martin Salaried Savings Plan)
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. Shares acquired upon settlement of performance stock units granted on February 22, 2023, following the end of a three-year performance period 2023-2025 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics. Disposition to the Issuer of shares to satisfy the Reporting Person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3. The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $665.0000 to $665.8100, 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. Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan. On February 22, 2023, the reporting person was granted 2,627 restricted stock units, the remaining unvested portion of which vested on the third anniversary of the grant date.
FAQ
What insider transactions did LMT executive Stephanie C. Hill report?
Stephanie C. Hill reported multiple stock transactions. She acquired shares through restricted stock unit conversion and a stock grant, had shares withheld to cover taxes, and later sold 2,410 common shares in open‑market transactions, resulting in reduced direct holdings but continued substantial ownership.
What is the role of restricted stock units in Stephanie C. Hill’s LMT holdings?
Restricted stock units converted into common stock. One block of 2,517 restricted stock units converted to 2,517 common shares on a one‑for‑one basis, following a three‑year performance period tied to financial metrics, directly adding to her equity stake before subsequent tax and sale transactions.