Form 4: Lockheed Martin Director Ilene S. Gordon Reports Stock Transactions
SEC Form 4 Filing
Director Ilene S. Gordon reports acquisition and disposal of Lockheed Martin common stock and phantom stock units on April 1, 2024.
Summary
- On April 1, 2024, Ilene S. Gordon, a director of Lockheed Martin, reported transactions involving the company's common stock and phantom stock units.
- She acquired 365.9886 shares of common stock through the conversion of phantom stock units.
- She disposed of 146.3954 shares of common stock at a price of $452.79 per share.
- Following these transactions, she directly owns 1,769.5931 shares of common stock.
- She also indirectly owns 2,590.6389 phantom stock units through the Lockheed Martin Directors Equity Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock and derivative transactions |
| 04/03/2024 | Date of signature for the Form 4 filing |
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