Debra L. Reed - 13 Feb 2026 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
Debra L. Reed-Klages, by Lynda M. Noggle, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
13 Feb 2026
Net transactions value
$0
Form type
4
Filing time
18 Feb 2026, 16:23:20 UTC
Previous filing
22 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
REED DEBRA L Director 6801 ROCKLEDGE DRIVE, BETHESDA Debra L. Reed-Klages, by Lynda M. Noggle, Attorney-in-fact 18 Feb 2026 0001225947

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMT Phantom Stock Units Award +261 +9.4% 3,039 13 Feb 2026 Common Stock 261 Lockheed Martin Directors Equity Plan F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom stock units convert to common stock on a one-for-one basis.
F2 In accordance with the Lockheed Martin Corporation Amended and Restated Directors Equity Plan, each non-employee director received an award of phantom stock units, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $652.58 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date. All unvested awards will vest in full upon retirement due to the age limitation in the bylaws, death, disability or change in control, or one-third upon failure to stand for reelection. Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have the payment of awards (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.
F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

Remarks:

Exhibits 24, Power of Attorney and Substitute Power of Attorney