TAICLET JAMES D JR 4

What Happened

• James D. Taiclet Jr., Lockheed Martin’s Chairman, President & CEO and a director, was granted 8,803 restricted stock units (RSUs) on February 25, 2026. The Form 4 reports this as an award (derivative acquisition) at $0.00 per share (code A).
• This grant is a contingent right to receive up to 8,803 shares of LMT common stock if vesting conditions are met; no cash changed hands at grant.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed within the normal reporting window).
• Award size: 8,803 RSUs; reported price: $0.00 (award/grant).
• Vesting: RSUs vest on the third anniversary of the grant date (i.e., generally Feb 25, 2029) per the award agreement.
• Tax/withholding note: For retirement-eligible reporting persons, vesting may be accelerated as needed to satisfy tax withholding; any shares so vested may be surrendered to the issuer to cover taxes (an exempt transaction under Rule 16b-3).
• Shares owned after the transaction: not specified on this filing.

Context

• This was an equity award, not an open-market purchase or sale. Awards are compensation-related and do not necessarily signal immediate insider buying or selling activity.
• For retail investors, grants like this reflect executive compensation arrangements; focus more on purchases or retained holdings if you’re looking for stronger insider sentiment signals.