Form 4: Lockheed Martin Executive Gregory M. Ulmer Reports Sale of Common Stock

Sentiment:

SEC Form 4 Filing


Gregory M. Ulmer, President of Aeronautics at Lockheed Martin, reported the sale of common stock on March 5, 2024.

Summary

  • On March 5, 2024, Gregory M. Ulmer, President of Aeronautics at Lockheed Martin, reported a transaction involving the company's common stock.
  • Ulmer sold 6,203.982 shares of common stock at a weighted average price of $431.1948 per share.
  • The prices for the shares sold ranged from $431.0000 to $431.9200.
  • Following the transaction, Ulmer directly owns 0.0000 shares of common stock.
  • Ulmer indirectly owns 71.2864 shares of common stock through the Lockheed Martin Salaried Savings Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of insiders and helps maintain fair market practices.

Stakeholder Impact

  • The stock sale by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.

Key Dates

DateDescription
03/05/2024Date of the stock transaction (sale of common stock).
03/07/2024Date of the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.