Cahill Timothy S 4
4 · LOCKHEED MARTIN CORP · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Lockheed Martin (LMT) President Timothy Cahill Sells 4,620 Shares
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.
Insider Transaction Report
Form 4
Cahill Timothy S
Pres. Missiles & Fire Control
Transactions
- Sale
Common Stock
[F1]2026-03-11−80→ 14,130.746 total - Sale
Common Stock
[F2]2026-03-11−280→ 13,850.746 total - Sale
Common Stock
[F3]2026-03-11−400→ 13,450.746 total - Sale
Common Stock
[F4]2026-03-11−440→ 13,010.746 total - Sale
Common Stock
[F5]2026-03-11−600→ 12,410.746 total - Sale
Common Stock
[F6]2026-03-11−640→ 11,770.746 total - Sale
Common Stock
[F7]2026-03-11−900→ 10,870.746 total - Sale
Common Stock
[F8]2026-03-11−1,280→ 9,590.746 total
Holdings
- 73.949(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
[F9]
Footnotes (9)
- [F1]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $655.8652 to $655.8994, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $654.2206 to $655.2171, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $649.9569 to $650.8385, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $651.0823 to $651.9980, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F5]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $653.2085 to $654.1212, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F6]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $647.7432 to $648.7146, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F7]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $648.7504 to $649.5734, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F8]The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $652.1360 to $653.0393, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F9]Holdings as of reportable transaction date include additional acquisitions under the company's 401(k) plan.
Signature
Timothy S. Cahill, by Lynda M. Noggle, Attorney-in-fact|2026-03-13