Cahill Timothy S 4

What Happened
Timothy S. Cahill, President — Missiles & Fire Control at Lockheed Martin (LMT), sold a total of 4,620 shares in multiple open-market transactions on March 11, 2026. The sales were reported on a Form 4 filed March 13, 2026. Proceeds across the transactions are approximately $3.0 million (shares sold at roughly $648–656 per share, weighted averages reported per transaction line).

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears to be timely).
• Sales (open-market): 8 reported lines totaling 4,620 shares (individual lots: 80; 280; 400; 440; 600; 640; 900; 1,280).
• Price details (weighted averages per reported line; ranges supplied in filing):
  • 80 shares — prices ranged $655.8652–$655.8994 (F1)
  • 280 shares — $654.2206–$655.2171 (F2)
  • 400 shares — $649.9569–$650.8385 (F3)
  • 440 shares — $651.0823–$651.9980 (F4)
  • 600 shares — $653.2085–$654.1212 (F5)
  • 640 shares — $647.7432–$648.7146 (F6)
  • 900 shares — $648.7504–$649.5734 (F7)
  • 1,280 shares — $652.1360–$653.0393 (F8)
• Approximate total proceeds: ~ $3.0 million (4,620 shares × ~ $652/share).
• Shares owned after transaction: not specified in the excerpt provided; filing notes holdings include additional 401(k) plan acquisitions (F9).
• Footnotes: Each line reports a weighted-average price and price range; full per-trade price breakdown is available upon request to the SEC/issuer/security holder.

Context

• These were open-market sales (transaction code S). Sales by insiders are often routine (diversification or liquidity) and do not by themselves indicate company performance or management outlook.
• No option exercise, gift, or award was reported here; this filing documents only sales.