4Filed Aug 16, 8:00 PM ET
Lockheed Martin (LMT) Director Donovan John Sells 3,378 Shares
$LMT · LOCKHEED MARTIN CORPResearch Summary
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Lockheed Martin (LMT) Director Donovan John Sells 3,378 Shares
What Happened Donovan John (Director) sold a total of 3,378 Lockheed Martin (LMT) shares in six open-market transactions on August 13, 2026. The sales were reported with weighted-average prices in a narrow band for each lot (see footnotes). Aggregate proceeds were roughly $2.02 million based on the weighted ranges disclosed in the filing. This was a sale (a disposition of shares), which is a transfer of stock rather than a purchase.
Key Details
- Transaction date: August 13, 2026 (reported on Form 4 filed Aug 17, 2026 — timely within the two-business-day window).
- Lots sold (shares and price ranges as disclosed):
- 120 shares — $601.8820 to $602.0581 (F1)
- 204 shares — $600.8337 to $601.5186 (F2)
- 212 shares — $599.7823 to $600.7583 (F3)
- 469 shares — $596.7062 to $597.6678 (F4)
- 631 shares — $598.7529 to $599.4026 (F5)
- 1,742 shares — $597.7465 to $598.7410 (F6)
- Total shares sold: 3,378; approximate total proceeds: $2.02 million (estimate based on midpoints of disclosed ranges).
- Shares owned after the transaction: not specified in the data you provided / not listed in the excerpt.
- Footnotes: the filing reports weighted-average prices and provides ranges for each lot; the reporting person offers to provide a breakdown of the number of shares sold at each separate price on request.
- No 10b5-1 plan, tax-withholding, or other special instructions were noted in the provided excerpt.
Context
- This filing documents a sale (disposition) of shares. Sales by insiders can reflect many reasons (portfolio rebalancing, tax obligations, routine selling of vested shares, etc.); the filing itself does not state the motive.
- The Form 4 shows $0.00 in the price column in the table layout, but the separate footnotes give the actual weighted-average price ranges for each lot — rely on those ranges for valuation.