STOCK TITAN

Lockheed Martin (NYSE: LMT) executive awarded 2,223 restricted stock units

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

Rhea-AI Filing Summary

Cahill Timothy S reported acquisition or exercise transactions in this Form 4 filing.

LOCKHEED MARTIN CORP reported that executive Timothy S. Cahill, President of Missiles & Fire Control, received a grant of 2,223 restricted stock units (RSUs) on February 25, 2026. Each RSU represents a contingent right to receive one share of Lockheed Martin common stock.

The RSU award vests on the third anniversary of the grant date. For retirement-eligible executives, vesting may be accelerated to cover tax withholding, with the corresponding vested shares delivered back to the company to satisfy those tax obligations under an exempt Rule 16b-3 transaction.

Positive

  • None.

Negative

  • None.
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*
Cahill Timothy S

(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)
Pres. Missiles & Fire Control
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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
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
Restricted Stock Units (1) 02/25/2026 A 2,223(2) (2) 02/25/2029 Common Stock 2,223(2) $0.0000 2,223 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
2. Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible Reporting Persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the Reporting Person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.
Timothy S. Cahill, 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 Lockheed Martin (LMT) report for Timothy S. Cahill?

Lockheed Martin reported that Timothy S. Cahill received an award of 2,223 restricted stock units (RSUs) on February 25, 2026. This is an equity-based compensation grant, not an open-market stock purchase or sale.

Who is Timothy S. Cahill in the Lockheed Martin (LMT) Form 4 filing?

Timothy S. Cahill is identified as Lockheed Martin’s President, Missiles & Fire Control. The Form 4 reports an equity award granted to him in the form of 2,223 restricted stock units, increasing his directly held derivative-based equity position.

How many restricted stock units were granted to the Lockheed Martin (LMT) executive?

The filing shows an award of 2,223 restricted stock units (RSUs) to Timothy S. Cahill. Following this grant, his directly held RSU balance reported for this award is 2,223 units, all tied to future vesting conditions rather than immediate share delivery.

When do the new Lockheed Martin (LMT) RSUs for Timothy S. Cahill vest?

The RSUs granted to Timothy S. Cahill vest on the third anniversary of the February 25, 2026 grant date. The award agreement allows vesting to accelerate as needed to cover tax withholding for retirement-eligible recipients.

Are any of the Lockheed Martin (LMT) RSUs expected to be used for tax withholding?

The award agreement states that, for retirement-eligible recipients, vesting may be accelerated so that vested shares can be delivered back to the issuer to satisfy tax withholding obligations, treated as an exempt transaction under Rule 16b-3.

Is this Lockheed Martin (LMT) Form 4 an open-market stock purchase or sale?

No. The Form 4 describes a grant of restricted stock units to Timothy S. Cahill at a reported price of $0.00 per unit. It represents equity compensation, not a market trade in Lockheed Martin common stock.
Lockheed Martin

NYSE:LMT

LMT Rankings

LMT Latest News

LMT Latest SEC Filings

LMT Stock Data

147.63B
229.89M
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States
BETHESDA