Lightfoot Robert M JR 4

What Happened

• Robert M. Lightfoot Jr., President, Space at Lockheed Martin (LMT), received an award of 2,223 restricted stock units (RSUs) on February 25, 2026. The acquisition price is listed as $0.00 because this is a compensation grant (transaction code A) rather than a purchase.
• These RSUs are derivative awards that represent a contingent right to receive one share of LMT common stock per unit upon vesting. The grant will vest on the third anniversary of the grant date (i.e., around Feb 25, 2029).

Key Details

• Transaction date: 2026-02-25; transaction type: Award/Grant (code A); acquisition price: $0.00.
• Shares granted: 2,223 restricted stock units (derivative instrument).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — each RSU converts to one share upon settlement; F2 — vests on the third anniversary of the grant date.
• Filing: Report filed on 2026-02-27 (timely under the Form 4 two-business-day rule).

Context

• RSU grants are a common form of executive compensation and do not reflect an immediate market purchase or sale; they only convert into actual shares if and when they vest and are settled.
• Because this is a compensation award (not an open-market buy or sale), it should be interpreted as part of pay and retention practices rather than a direct signal of the insider’s short-term view on the stock.