Hill Stephanie C. 4

What Happened

• Stephanie C. Hill, President of Rotary & Mission Systems at Lockheed Martin (LMT), was granted 2,084 restricted stock units (RSUs) on February 25, 2026. The award is recorded as an acquisition at $0 (a compensation/derivative award rather than a purchase). The filing does not report a cash value or any immediate change in share ownership due to the award.

Key Details

• Transaction date: 2026-02-25 (Form 4 filed 2026-02-27; filing appears timely).
• Transaction type/code: Award/Grant (A) of 2,084 RSUs; acquisition price listed as $0.00.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote F1: Each RSU represents a contingent right to receive one share of LMT common stock upon vesting.
• Footnote F2: The RSUs vest on the third anniversary of the grant (i.e., around 2029-02-25). The award agreement allows vesting to be accelerated if needed to satisfy tax withholding for retirement-eligible reporting persons; vested shares may be surrendered to the issuer to cover withholding (an exempt transaction under Rule 16b-3).

Context

• RSUs are a form of compensation that convert into actual shares only upon vesting; they are common for executives and typically reflect compensation rather than an explicit buy or sell signal. Because this is a grant (not an open-market purchase), it should be interpreted as part of executive compensation, not necessarily as a direct bullish endorsement by the insider.