St John Frank A 4

What Happened
Frank A. St. John, Chief Operating Officer of Lockheed Martin (LMT), was granted 3,243 restricted stock units (RSUs) on February 25, 2026. The filing reports the award as a derivative acquisition at $0.00 (an equity award rather than a market purchase); the grant itself required no cash outlay by the insider.

Key Details

• Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (filed two days after the transaction).
• Award: 3,243 RSUs reported as acquired at $0.00 (derivative award).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote F1: Each RSU is 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., Feb 25, 2029). Vesting may be accelerated to satisfy tax withholding for retirement-eligible reporting persons; any shares disposed to the issuer to cover withholding is treated as an exempt transaction under Rule 16b-3.

Context
This is an equity compensation award (typical for executive pay) and not a purchase or sale. RSUs have value tied to Lockheed Martin's future stock price at vesting; until they vest they remain contingent rights. The filing appears timely (submitted two days after the grant).