Form 4: Lockheed Martin Executive Robert M. Lightfoot Jr. Reports Stock Sale

Robert M. Lightfoot Jr., President of Space at Lockheed Martin, reported the sale of common stock on March 5, 2024.

Summary

• Robert M. Lightfoot Jr., President Space at Lockheed Martin, filed a Form 4 with the SEC.
• The form reports a sale of Lockheed Martin common stock on March 5, 2024.
• 511.15 shares were sold at a weighted average price of $433.5945 per share, with prices ranging from $433.1100 to $434.0500.
• Following the transaction, Lightfoot directly owns 0.0000 shares of common stock.
• Lightfoot also indirectly owns 163.9915 shares through the Lockheed Martin Salaried Savings Plan.
• The filing was signed on March 7, 2024, by John E. Stevens, Attorney-in-fact.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.

Key Dates