Cahill Timothy S 4

What Happened

• Timothy S. Cahill, President, Missiles & Fire Control at Lockheed Martin (LMT), was granted 2,223 restricted stock units (RSUs) on February 25, 2026. The award is reported as a derivative grant (transaction code A) with an acquisition price of $0.00. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely within reporting window).
• Amount: 2,223 RSUs; price reported: $0.00; total cash value at grant not shown on the Form 4.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1 — each RSU is a contingent right to one share of LMT common stock. F2 — RSUs vest on the third anniversary of the grant; vesting may be accelerated only to satisfy tax withholding for retirement-eligible reporting persons, and shares surrendered to the issuer for tax withholding are treated as an exempt transaction under Rule 16b-3.
• Transaction type: Award/Grant of derivative securities (A).

Context

• RSU grants are a form of compensation and typically vest over time (here, three years). They do not represent an immediate cash purchase or sale and should be interpreted as part of executive pay rather than a direct market sentiment signal. Any shares ultimately withheld or surrendered to cover taxes is an administrative step and is treated separately under insider-trading rules.