Jesus Malave Jr. - 23 Feb 2025 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Feb 2025, 21:05:32 UTC
Prior SEC filing
20 May 2024
Next SEC filing
28 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jesus Malave, Jr., by Peter A. Christou, Attorney-in-fact

Key filing fact

Jesus Malave Jr. filed Form 4 for LOCKHEED MARTIN CORP (LMT) on 25 Feb 2025.

Key facts

  • This page summarizes Jesus Malave Jr.'s Form 4 filing for LOCKHEED MARTIN CORP (LMT).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 25 Feb 2025, 21:05.

Change

  • Previous filing in this sequence was filed on 20 May 2024.
  • Current net transaction value: -$3,945,766.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LMT transaction

Common Stock

Award

Transaction value
$0
Shares
+12,364
Change %
+227%
Price
$0.000000
Shares after
17,817
Date
23 Feb 2025
Ownership
Direct
Footnotes
F1
LMT transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,171
Change %
+35%
Price
$0.000000
Shares after
23,988
Date
23 Feb 2025
Ownership
Direct
Footnotes
F2
LMT transaction

Common Stock

Tax liability

Transaction value
$3,945,766
Shares
-8,953
Change %
-37%
Price
$440.72
Shares after
15,035
Date
23 Feb 2025
Ownership
Direct
Footnotes
F3
LMT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
87
Date
23 Feb 2025
Ownership
Lockheed Martin Salaried Savings Plan
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LMT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,171
Change %
-100%
Price
$0.000000
Shares after
0
Date
23 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,171
Exercise price
Footnotes
F2, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares acquired upon settlement of performance stock units granted on February 23, 2022, following the end of a three-year performance period 2022-2024 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.

Footnote F2

Restricted stock units convert to common stock on a one-for-one basis.

Footnote F3

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.

Footnote F4

Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.

Footnote F5

On February 23, 2022, the reporting person was granted 6,171 restricted stock units that vested on the third anniversary of the grant date.

SEC remarks

Exhibit 24, Substitute Power of Attorney

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .