April 25, 2024 · Form 4 insider transaction
St John Frank A sold 99.605 shares of Lockheed Martin Corporation, a transaction worth N/A. The trade was recorded as i and disclosed on an SEC Form 4, filed 4 days after the transaction.
Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock acquired under the Lockheed Martin Supplemental Savings Plan will be settled in cash upon the Reporting Person's retirement or termination of service.; The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($464.78).; Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's Supplemental Savings Plan.