Form 4: Lockheed Martin Executive Stephanie C. Hill Reports Stock Transactions
SEC Form 4 Filing
Stephanie C. Hill, President of Rotary & Mission Systems at Lockheed Martin, reported the sale of shares and acquisition of restricted stock units.
Summary
- On February 26, 2025, Stephanie C. Hill, President of Rotary & Mission Systems at Lockheed Martin, reported a transaction involving Lockheed Martin common stock.
- Hill sold 4,791 shares of common stock at a weighted average price of $442.5051, with prices ranging from $442.0000 to $442.9100.
- She also acquired 3,057 restricted stock units, each representing a contingent right to receive one share of LMT common stock, which vests on February 26, 2028.
- Following the reported transactions, Hill directly owns 9,332.256 shares of common stock and indirectly owns 4,065.6069 shares through the Lockheed Martin Salaried Savings Plan.
- She also owns 3,057 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain specific forward-looking statements, but it indicates ongoing equity-based compensation for executives.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives.
Stakeholder Impact
- Shareholders can use this information to understand executive compensation and trading activity.
- The transactions have a minor impact on the overall stock supply and demand.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock sale and restricted stock unit acquisition. |
| 02/26/2028 | Vesting date for the restricted stock units. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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