Lockheed Martin grants 2,223 RSUs to executive
Cahill Timothy S reported acquisition or exercise transactions in this Form 4 filing.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,223 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
- F2. 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.
FAQ
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What insider transaction did Lockheed Martin (LMT) report for Timothy S. Cahill?
Who is Timothy S. Cahill in the Lockheed Martin (LMT) Form 4 filing?
How many restricted stock units were granted to the Lockheed Martin (LMT) executive?
When do the new Lockheed Martin (LMT) RSUs for Timothy S. Cahill vest?
Are any of the Lockheed Martin (LMT) RSUs expected to be used for tax withholding?
Is this Lockheed Martin (LMT) Form 4 an open-market stock purchase or sale?
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