Form 4: Lockheed Martin Executive Stephanie C. Hill Reports Stock Sales
SEC Form 4 Filing
Stephanie C. Hill, President of Rotary & Mission Systems at Lockheed Martin, reported the sale of company stock on August 1, 2024.
Summary
- On August 1, 2024, Stephanie C. Hill, President of Rotary & Mission Systems at Lockheed Martin, sold shares of Lockheed Martin common stock.
- The sales were executed in multiple transactions at varying prices.
- A total of 100 shares were sold at $545.485 each.
- An additional 300 shares were sold at a weighted average price of $546.5167.
- Further sales included 1,322 shares at a weighted average price of $541.6223 and 1,550 shares at a weighted average price of $542.7376.
- Following these transactions, Ms. Hill directly owns 9,332.256 shares of Lockheed Martin common stock.
- Ms. Hill also indirectly owns 4,002.37 shares through the Lockheed Martin Salaried Savings Plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales. 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 company insiders.
Stakeholder Impact
- The stock sale by a company executive could be perceived differently by stakeholders.
- Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial planning.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock sale transactions |
| 08/05/2024 | Date of Form 4 filing |
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