Lockheed Martin (NYSE: LMT) executive awarded 2,223 restricted stock units
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cahill Timothy S
Role
Pres. Missiles & Fire Control
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,223 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,223 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of LMT common stock. 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
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.