Companies Lockheed Martin
Lockheed Martin (LMT): executive pay, fiscal 2025
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CEO vs. named peers38th pct.Of 21 peer CEOs
CEO pay, last three years
- $22,813,775FY2023
- $23,753,914FY2024
- $23,453,308FY2025
CEO total pay was $23,453,308 in fiscal 2025, down from $23,753,914 in fiscal 2024.
FY2025: salary $1,751,000 · bonus $0 · stock awards $13,667,645 · option awards $0
Executives and directors
Evan Scott · CFOJames Taiclet · CEOKevin O'Connor · General CounselTimothy Cahill · PresidentFrank St. John · COOJesus Malave · Chief Financial OfficerBruce A. Carlson · Former director (through FY2025)David B. Burritt · Independent DirectorDebra L. Reed-Klages · Independent DirectorHeather A. Wilson · Independent DirectorJohn C. Aquilino · Independent DirectorJohn M. Donovan · Independent DirectorJoseph F. Dunford Jr · Independent DirectorPatricia E. Yarrington · Independent DirectorThomas J. Falk · Lead Independent DirectorVicki A. Hollub · Independent Director
Frequently asked questions
Who was the highest-paid executive at Lockheed Martin in fiscal 2025?
As disclosed, James Taiclet (Chairman, President and Chief Executive Officer) was the highest-paid executive at Lockheed Martin in fiscal 2025, with total compensation of $23,453,308.
How does Lockheed Martin's chief executive pay compare to its disclosed peer group?
As disclosed, James Taiclet's total compensation ranked at the 38th percentile of Lockheed Martin's disclosed peer group.
What is Lockheed Martin's CEO-to-median employee pay ratio?
As disclosed, Lockheed Martin's CEO-to-median employee pay ratio was 180:1.
How did shareholders vote on Lockheed Martin's executive compensation?
As disclosed, 91.74% of shareholders supported Lockheed Martin's executive compensation in the latest say-on-pay vote.
How much does Lockheed Martin spend in total on board compensation for fiscal 2025?
As disclosed, Lockheed Martin reported total board compensation of $3,353,737 for fiscal 2025.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| James Taiclet | $1,751,000 | $0 | $13,667,645 | $0 | $5,496,300 | $0 | $2,538,363 | $23,453,308 |
| Chairman, President and Chief Executive Officer | ||||||||
| Kevin O'Connor | 800,961 | 300,000 | 10,199,879 | 0 | 1,077,700 | 0 | 318,180 | 12,696,720 |
| Senior Vice President, General Counsel and Corporate Secretary | ||||||||
| Frank St. John | 1,089,423 | 0 | 5,386,762 | 0 | 2,348,800 | 418,238 | 617,938 | 9,861,161 |
| Chief Operating Officer | ||||||||
| Timothy Cahill | 995,000 | 0 | 3,618,238 | 0 | 1,756,000 | 267,432 | 202,419 | 6,839,089 |
| President, Missiles and Fire Control | ||||||||
| Jesus Malave | 343,269 | 0 | 4,422,188 | 0 | 0 | 0 | 73,408 | 4,838,865 |
| Former Chief Financial Officer | ||||||||
| Evan Scott | 783,144 | 0 | 637,810 | 0 | 1,097,975 | 75,478 | 174,877 | 2,769,284 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| James Taiclet | $23,453,308 | $23,753,914 | $22,813,775 | ↓ −300,606 |
| Kevin O'Connor | 12,696,720 | — | — | — |
| Frank St. John | 9,861,161 | 9,643,813 | 9,951,861 | ↑ +217,348 |
| Timothy Cahill | 6,839,089 | 6,128,700 | 7,169,426 | ↑ +710,389 |
| Jesus Malave | 4,838,865 | 8,532,614 | 6,659,256 | ↓ −3,693,749 |
| Evan Scott | 2,769,284 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our executive compensation program, underpinned by our pay-for-performance philosophy, delivers compensation to our NEOs that is intrinsically and strongly linked to Company performance.
| CEO STI target (% of salary) | 200% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Timothy Cahill | RSU | 2025-02-26 | — | — | 3,057 | — | $1,343,307 |
| Kevin O'Connor | RSU | 2025-02-26 | — | — | 18,574 | — | 8,177,959 |
| James Taiclet | PSU | 2025-02-26 | 1,204 | 19,254 | — | 38,508 | 8,591,905 |
| James Taiclet | RSU | 2025-02-26 | — | — | 11,551 | — | 5,075,740 |
| Evan Scott | PSU | 2025-02-26 | 31 | 482 | — | 964 | 215,088 |
| Evan Scott | RSU | 2025-02-26 | — | — | 962 | — | 422,722 |
| Frank St. John | RSU | 2025-02-26 | — | — | 4,552 | — | 2,000,240 |
| Jesus Malave | RSU | 2025-02-26 | — | — | — | — | 1,642,113 |
| Jesus Malave | PSU | 2025-02-26 | — | — | — | — | 2,780,075 |
| Kevin O'Connor | PSU | 2025-02-26 | 284 | 4,531 | — | 9,062 | 2,021,920 |
| Frank St. John | PSU | 2025-02-26 | 475 | 7,589 | — | 15,178 | 3,386,522 |
| Timothy Cahill | PSU | 2025-02-26 | 319 | 5,098 | — | 10,196 | 2,274,932 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Timothy Cahill | $1,343,307 | $2,274,932 | $0 | 62.9% |
| Kevin O'Connor | 8,177,959 | 2,021,920 | 0 | 19.8% |
| James Taiclet | 5,075,740 | 8,591,905 | 0 | 62.9% |
| Evan Scott | 422,722 | 215,088 | 0 | 33.7% |
| Frank St. John | 2,000,240 | 3,386,522 | 0 | 62.9% |
| Jesus Malave | 1,642,113 | 2,780,075 | 0 | 62.9% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Evan Scott | RSU | 209 | — | $101,087 |
| Evan Scott | RSU | 268 | — | 129,624 |
| Evan Scott | RSU | 273 | — | 132,042 |
| Evan Scott | RSU | 886 | — | 428,532 |
| Evan Scott | RSU | 962 | — | 465,291 |
| Evan Scott | RSU | 990 | — | 478,833 |
| Timothy Cahill | RSU | 2,058 | — | 995,393 |
| Timothy Cahill | RSU | 2,533 | — | 1,225,136 |
| Kevin O'Connor | RSU | 2,561 | — | 1,238,679 |
| Timothy Cahill | RSU | 2,702 | — | 1,306,876 |
| Timothy Cahill | RSU | 2,881 | — | 1,393,453 |
| Timothy Cahill | RSU | 2,936 | — | 1,420,055 |
| Timothy Cahill | RSU | 3,024 | — | 1,462,618 |
| Frank St. John | RSU | 3,062 | — | 1,480,998 |
| Frank St. John | RSU | 3,756 | — | 1,816,665 |
| Frank St. John | RSU | 4,084 | — | 1,975,308 |
| Frank St. John | RSU | 4,288 | — | 2,073,977 |
| Frank St. John | RSU | 4,429 | — | 2,142,174 |
| Frank St. John | RSU | 4,499 | — | 2,176,031 |
| James Taiclet | RSU | 7,838 | — | 3,791,005 |
| James Taiclet | RSU | 9,618 | — | 4,651,938 |
| James Taiclet | RSU | 10,364 | — | 5,012,756 |
| James Taiclet | RSU | 10,879 | — | 5,261,846 |
| James Taiclet | RSU | 11,247 | — | 5,439,836 |
| James Taiclet | RSU | 11,417 | — | 5,522,060 |
| Kevin O'Connor | RSU | 18,574 | — | 8,983,687 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Thomas J. FalkIndependent · Lead Independent Director | $250,000 | $170,000 | $0 | — | — | $420,000 |
| Patricia E. YarringtonIndependent · Audit (Chair) · Classified Business and Security | 205,000 | 170,000 | 0 | — | — | 375,000 |
| John M. DonovanIndependent · Classified Business and Security · Management Development and Compensation (Chair) | 200,000 | 170,000 | 0 | — | 625 | 370,625 |
| Joseph F. Dunford JrIndependent · Classified Business and Security (Chair) · Nominating and Corporate Governance · Not standing for re-election | 195,000 | 170,000 | 0 | — | — | 365,000 |
| Debra L. Reed-KlagesIndependent · Management Development and Compensation · Nominating and Corporate Governance | 170,000 | 170,000 | 0 | — | 3,041 | 343,041 |
| Heather A. WilsonIndependent · Classified Business and Security · Nominating and Corporate Governance (Chair) | 170,000 | 170,000 | 0 | — | 1,045 | 341,045 |
| Vicki A. HollubIndependent · Audit · Management Development and Compensation | 170,000 | 170,000 | 0 | — | 1,000 | 341,000 |
| David B. BurrittIndependent · Audit · Management Development and Compensation | 170,000 | 170,000 | 0 | — | 357 | 340,357 |
| John C. AquilinoIndependent · Classified Business and Security | 170,000 | 170,000 | 0 | — | — | 340,000 |
| Bruce A. CarlsonIndependent · Classified Business and Security · Nominating and Corporate Governance · Departed during FY | 60,247 | 56,667 | 0 | — | 755 | 117,669 |
| James D. TaicletEmployee director | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $170,000 |
|---|---|
| Annual equity retainer | $170,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | Director stock ownership guidelines; |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,760,247 |
| Equity awards (grant-date value) | $1,586,667 |
| All other compensation | $6,823 |
| Total cost of the board | $3,353,737 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Lockheed Martin as a peer
Companies that benchmark against LMT
15 companies name LMT as a compensation peer
- Archer-Daniels-Midland CoADMFY2025
- BOEING COBAFY2025
- CHEVRON CORPCVXFY2025
- DEERE & CODEFY2025
- DOW INC.DOWFY2025
- GENERAL DYNAMICS CORPGDFY2025
- HONEYWELL INTERNATIONAL INCHONFY2025
- L3HARRIS TECHNOLOGIES, INC. /DE/LHXFY2025
- StandardAero, Inc.SAROFY2025
- UNITED PARCEL SERVICE INCUPSFY2025
- VALERO ENERGY CORP/TXVLOFY2025
Each company listed discloses LMT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LMT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
CAT Caterpillar Inc.DE Deere & CompanyDELL Dell TechnologiesFDX FedEx Corporation GE AerospaceHPQ HP Inc.INTC Intel CorporationNOC Northrop Grumman CorporationBA The Boeing CompanyUPS United Parcel Service, Inc.BAESY BAE Systems plcHON Honeywell International Inc.VZ VerizonMMM 3M CompanyIBM IBM CorporationLHX L3Harris Technologies, Inc.TXT Textron Inc.CSCO Cisco Systems, Inc.GD General Dynamics CorporationRTX RTX CorporationTDG TransDigm Group Incorporated
Peer reciprocity
Of the companies Lockheed Martin names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
— Caterpillar Inc. (CAT)83✓ Deere & Company (DE)84 Dell Technologies (DELL) FedEx Corporation (FDX) HP Inc. (HPQ)— Intel Corporation (INTC)85✓ Northrop Grumman Corporation (NOC)86✓ The Boeing Company (BA)87✓ United Parcel Service, Inc. (UPS)88 BAE Systems plc (BAESY)✓ Honeywell International Inc. (HON)89— Verizon (VZ)90— 3M Company (MMM)91— IBM Corporation (IBM)92 L3Harris Technologies, Inc. (LHX)— Textron Inc. (TXT)93— Cisco Systems, Inc. (CSCO)94✓ General Dynamics Corporation (GD)95— RTX Corporation (RTX)96— TransDigm Group Incorporated (TDG)97
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Lockheed Martin.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Intel Corporation | 2025 | Lip-Bu Tan | $746,200 | $49,639,500 | $39,523,200 | $2,374,000 | $92,990,900 |
| 2 | Cisco Systems, Inc. | 2026 | Charles Robbins | 1,390,000 | 39,040,851 | 0 | 6,685,900 | 48,527,813 |
| 3 | IBM Corporation | 2025 | Arvind Krishna | 1,500,000 | 23,988,586 | 6,606,312 | 5,250,000 | 37,989,685 |
| 4 | Verizon | 2025 | Daniel Schulman | 375,000 | 32,774,795 | 0 | 937,500 | 34,311,016 |
| 5 | Deere & Company | 2025 | John May | 1,694,507 | 13,950,239 | 4,255,133 | 5,450,551 | 27,925,424 |
| 6 | FedEx Corporation | 2026 | Rajesh Subramaniam | 1,550,000 | 6,731,364 | 3,715,062 | 10,593,500 | 27,554,018 |
| 7 | General Dynamics Corporation | 2025 | Phebe Novakovic | 1,737,500 | 12,539,634 | 5,220,445 | 5,729,000 | 25,924,082 |
| 8 | L3Harris Technologies, Inc. | 2025 | Christopher Kubasik | 1,550,000 | 11,028,701 | 3,543,778 | 6,200,000 | 25,617,590 |
| 9 | Northrop Grumman Corporation | 2025 | Kathy Warden | 1,840,385 | 16,750,230 | 0 | 4,218,000 | 25,357,443 |
| 10 | TransDigm Group Incorporated | 2025 | Kevin Stein | 1,462,650 | 0 | 21,119,926 | 2,585,054 | 25,188,430 |
| 11 | RTX Corporation | 2025 | Christopher Calio | 1,525,000 | 10,875,391 | 6,753,909 | 0 | 24,846,826 |
| 12 | The Boeing Company | 2025 | Robert Ortberg | 1,500,000 | 7,874,818 | 9,624,959 | 3,930,000 | 23,581,389 |
| 13 | Lockheed Martin | 2025 | James Taiclet | 1,751,000 | 13,667,645 | 0 | 5,496,300 | 23,453,308 |
| 14 | HP Inc. | 2025 | Enrique Lores | 1,450,000 | 19,339,966 | 0 | 1,879,925 | 23,103,812 |
| 15 | United Parcel Service, Inc. | 2025 | Carol Tomé | 1,509,713 | 17,550,546 | 1,358,754 | 2,264,569 | 22,878,788 |
| 16 | Textron Inc. | 2025 | Scott Donnelly | 1,530,577 | 10,588,942 | 3,463,119 | 3,246,000 | 21,165,556 |
| 17 | 3M Company | 2025 | William Brown | 1,800,000 | 7,753,852 | 7,001,242 | 3,745,322 | 21,005,009 |
| 18 | Honeywell International Inc. | 2025 | Vimal Kapur | 1,600,000 | 10,866,269 | 3,623,914 | 3,516,800 | 20,381,435 |
| 19 | Caterpillar Inc. | 2025 | Joseph Creed | 1,381,892 | 9,538,484 | 3,101,117 | 2,476,800 | 17,008,077 |
| 20 | Dell Technologies | 2026 | Michael Dell | 950,000 | 0 | 0 | 2,394,000 | 3,382,209 |
| — | BAE Systems plc | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Lockheed Martin | 114% | PSU 50 · RSU 30 · Cash LTI 20 | Yes — Relative TSR | Meridian Compensation Partners |
| 3M Company | 118.9% | PSU 50 · Options 50 | No | FW Cook |
| BAE Systems plc | not disclosed | not disclosed | not disclosed | not disclosed |
| Caterpillar Inc. | 118% | PSU 50 · RSU 25 · Options 25 | Yes — relative Total Shareholder Return (rTSR) | Meridian Compensation Partners, LLC |
| Cisco Systems, Inc. | not disclosed | PRSU 60 · RSU 40 | not disclosed | Exequity |
| Deere & Company | 160.8% | PSU 50 · RSU 25 · Options 25 | No | Semler Brossy Consulting Group, LLC (current); Pearl Meyer & Partners, LLC (prior year) |
| Dell Technologies | 126% | not disclosed | Yes — Relative Total Shareholder Return (rTSR) | Pay Governance |
| FedEx Corporation | 112.5% | not disclosed | Yes — Relative TSR (FY24-FY26 LTI Cash Plan) | Meridian Compensation Partners, LLC |
| General Dynamics Corporation | 177.0% | PSU 50 · Options 30 · RSU 20 | Yes — rTSR (relative Total Shareholder Return) | Pay Governance, LLC |
| Honeywell International Inc. | 126% | PSU 50 · Options 25 · RSU 25 | Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Group | not disclosed |
| HP Inc. | 64.8% | PSU 70 · RSU 30 | Yes — Relative TSR vs. S&P 500 | Semler Brossy |
| IBM Corporation | 150% | not disclosed | Yes — Relative Total Shareholder Return (rTSR) | Semler Brossy |
| Intel Corporation | not disclosed | PSU 50 · RSU 50 · Option 40 | Yes — Relative TSR | Semler Brossy |
| L3Harris Technologies, Inc. | 200% | PSU 50 · Options 25 · RSU 25 | Yes — Relative TSR | Frederic W. Cook & Co., Inc. |
| Northrop Grumman Corporation | 114% | PSU 70 · RSU 30 | Yes — Relative Total Shareholder Return (rTSR) | Frederic W. Cook & Co. |
| RTX Corporation | 164% | PSU 60 · Options 40 | Yes — TSR vs. Core A&D Peers | FW Cook |
| Textron Inc. | not disclosed | PSU 50 · Option 25 · RSU 25 | No | Pearl Meyer |
| The Boeing Company | 131% | Options 55 · RSU 45 | No | FW Cook (Frederic W. Cook & Co., Inc.) |
| TransDigm Group Incorporated | 110.6% | Option 100 | No | Exequity LLP |
| United Parcel Service, Inc. | 75% | PSU 93 · Options 7 | Yes — Relative Total Shareowner Return (RTSR) | FW Cook |
| Verizon | 100% | PSU 60 · RSU 40 | Yes — relative total shareholder return (TSR) position compared with the companies in the S&P 100 | Meridian Compensation Partners, LLC |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-12 | 148,179,585 | 13,335,167 | 2,913,579 | 91.74% | Passed |
| 2025 | 2025-05-09 | 151,665,491 | 11,565,374 | 2,919,329 | 92.91% | Passed |
| 2024 | 2024-05-02 | 157,832,361 | 11,764,593 | 3,549,067 | 93.06% | Passed |
| 2023 | 2023-04-27 | 174,932,834 | 11,797,670 | 3,669,446 | 93.68% | Passed |
| 2022 | 2022-04-21 | 183,647,712 | 13,314,579 | 2,769,780 | 93.24% | Passed |
| 2021 | 2021-04-22 | 192,833,345 | 15,278,463 | 3,084,567 | 92.66% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-12 | 91.74%a |
| 2025 | 2025-05-09 | 92.91%b |
| 2024 | 2024-05-02 | 93.06%c |
a. Approved under the standard stated in the filing — “Proposal Description Page Board Voting Recommendations Required Vote to Pass (1) Effect of Abstentions on Votes Cast (2) Effect of Broker Non- Votes (3) 1 Election of Directors 17 FOR ALL DIRECTOR NOMINEES Majority of votes cast for each nominee None None 2 Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay) 28 FOR Majority of votes cast;”.
b. Approved under the standard stated in the filing — “(2) A stockholder who abstains on some or all matters is considered present for purposes of determining if a quorum is present at the Annual Meeting, but an abstention is not counted as a vote cast under Maryland law.”.
c. Approved under the standard stated in the filing — “(2) A stockholder who abstains on some or all matters is considered present for purposes of determining if a quorum is present at the Annual Meeting, but an abstention is not counted as a vote cast under Maryland law.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 180 : 1 |
|---|---|
| CEO total compensation | $23,453,308 |
| Median employee compensation | $130,614 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| John M. Donovan | Director | 2026-03-31 | A | 81.69 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Joseph F. Dunford Jr | Director | 2026-03-31 | A | 80.66 | — | — | Derivative, Class A Common | Form 4 ↗ |
| David B. Burritt | Director | 2026-03-31 | A | 70.32 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Vicki A. Hollub | Director | 2026-04-01 | D | 415.6 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Vicki A. Hollub | Director | 2026-04-01 | A | 415.6 | 0 | 0 | Common | Form 4 ↗ |
| Stephanie C. Hill | Pres. Rotary & Mission Systems | 2026-06-11 | D | 368 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-06-30 | A | 96.92 | — | — | Derivative, Class A Common | Form 4 ↗ |
| David B. Burritt | Director | 2026-06-30 | A | 83.42 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Frank St. John | Chief Operating Officer | 2026-07-31 | D | 53.67 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Frank St. John | Chief Operating Officer | 2026-07-31 | D | 7.02 | 0 | 0 | Common | Form 4 ↗ |
| Robert M. Lightfoot JR | President Space | 2026-08-11 | D | 1,564 | 0 | 0 | Common | Form 4 ↗ |
| Robert M. Lightfoot JR | President Space | 2026-08-11 | D | 846 | 0 | 0 | Common | Form 4 ↗ |
| Robert M. Lightfoot JR | President Space | 2026-08-12 | D | 196 | 600 | 117,623 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-08-13 | D | 1,742 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-08-13 | D | 212 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-08-13 | D | 204 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-08-13 | D | 120 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-08-13 | D | 469 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-08-13 | D | 631 | 0 | 0 | Common | Form 4 ↗ |
| John M. Donovan | Director | 2026-09-30 | A | 96.96 | — | — | Derivative, Class A Common | Form 4 ↗ |
| David B. Burritt | Director | 2026-09-30 | A | 83.46 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Frank St. John | Chief Operating Officer | 2026-10-23 | D | 2,019 | 0 | 0 | Common | Form 4 ↗ |
| Frank St. John | Chief Operating Officer | 2026-10-23 | D | 1,160 | 0 | 0 | Common | Form 4 ↗ |
| Frank St. John | Chief Operating Officer | 2026-10-23 | D | 720 | 0 | 0 | Common | Form 4 ↗ |
| David B. Burritt | Director | 2026-10-23 | D | 1,796 | 0 | 0 | Common | Form 4 ↗ |
| David B. Burritt | Director | 2026-10-23 | A | 1,796 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (97 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, James Taiclet. DEF 14A, filed 2026-03-26. Section “Summary Compensation Table” · page 45. As printed: 23,453,308. View filing ↗
- Section 01, Kevin O'Connor. DEF 14A, filed 2026-03-26. Section “Summary Compensation Table” · page 45. As printed: 12,696,720. View filing ↗
- Section 01, Frank St. John. DEF 14A, filed 2026-03-26. Section “Summary Compensation Table” · page 45. As printed: 9,861,161. View filing ↗
- Section 01, Timothy Cahill. DEF 14A, filed 2026-03-26. Section “Summary Compensation Table” · page 45. As printed: 6,839,089. View filing ↗
- Section 01, Jesus Malave. DEF 14A, filed 2026-03-26. Section “Summary Compensation Table” · page 45. As printed: 4,838,865. View filing ↗
- Section 01, Evan Scott. DEF 14A, filed 2026-03-26. Section “Summary Compensation Table” · page 45. As printed: 2,769,284. View filing ↗
- Section 03, Timothy Cahill RSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Kevin O'Connor RSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, James Taiclet PSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, James Taiclet RSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Evan Scott PSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Evan Scott RSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Frank St. John RSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Jesus Malave RSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Jesus Malave PSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Kevin O'Connor PSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Frank St. John PSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Timothy Cahill PSU. DEF 14A, filed 2026-03-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-26. Section “CEO Pay Ratio”. As printed: 180 : 1. View filing ↗
- Section 08, Thomas J. Falk. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 420,000. View filing ↗
- Section 08, Patricia E. Yarrington. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 375,000. View filing ↗
- Section 08, John M. Donovan. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 370,625. View filing ↗
- Section 08, Joseph F. Dunford Jr. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 365,000. View filing ↗
- Section 08, Debra L. Reed-Klages. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 343,041. View filing ↗
- Section 08, Heather A. Wilson. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 341,045. View filing ↗
- Section 08, Vicki A. Hollub. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 341,000. View filing ↗
- Section 08, David B. Burritt. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 340,357. View filing ↗
- Section 08, John C. Aquilino. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 340,000. View filing ↗
- Section 08, Bruce A. Carlson. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 117,669. View filing ↗
- Section 08, James D. Taiclet. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, John M. Donovan 2026-03-31. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Joseph F. Dunford Jr 2026-03-31. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David B. Burritt 2026-03-31. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Vicki A. Hollub 2026-04-01. Form 4, filed 2026-04-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Vicki A. Hollub 2026-04-01. Form 4, filed 2026-04-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephanie C. Hill 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-06-30. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David B. Burritt 2026-06-30. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Frank St. John 2026-07-31. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Frank St. John 2026-07-31. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert M. Lightfoot JR 2026-08-11. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert M. Lightfoot JR 2026-08-11. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert M. Lightfoot JR 2026-08-12. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-08-13. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Donovan 2026-09-30. Form 4, filed 2026-10-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David B. Burritt 2026-09-30. Form 4, filed 2026-10-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Frank St. John 2026-10-23. Form 4, filed 2026-10-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Frank St. John 2026-10-23. Form 4, filed 2026-10-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Frank St. John 2026-10-23. Form 4, filed 2026-10-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David B. Burritt 2026-10-23. Form 4, filed 2026-10-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David B. Burritt 2026-10-23. Form 4, filed 2026-10-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-13. Item 5.07 · say-on-pay result. As reported: 91.74% (votes for as printed: 148,179,585). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-09. Item 5.07 · say-on-pay result. As reported: 92.91% (votes for as printed: 151,665,491). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-03. Item 5.07 · say-on-pay result. As reported: 93.06% (votes for as printed: 157,832,361). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 1,760,247 + equity 1,586,667 + all other 6,823 = 3,353,737, summed across the director compensation table rows.
- Intel Corporation, Section 10b CEO total. DEFR 14A, filed 2026-03-24. CEO total compensation as printed in Intel Corporation's own proxy. As printed: 92,990,900. View filing ↗
- Cisco Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-29. CEO total compensation as printed in Cisco Systems, Inc.'s own proxy. As printed: 48,527,813. View filing ↗
- IBM Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in IBM Corporation's own proxy. As printed: 37,989,685. View filing ↗
- Verizon, Section 10b CEO total. DEF 14A, filed 2026-04-06. CEO total compensation as printed in Verizon's own proxy. As printed: 34,311,016. View filing ↗
- Deere & Company, Section 10b CEO total. DEF 14A, filed 2026-01-14. CEO total compensation as printed in Deere & Company's own proxy. As printed: 27,925,424. View filing ↗
- FedEx Corporation, Section 10b CEO total. DEF 14A, filed 2026-08-17. CEO total compensation as printed in FedEx Corporation's own proxy. As printed: 27,554,018. View filing ↗
- General Dynamics Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in General Dynamics Corporation's own proxy. As printed: 25,924,082. View filing ↗
- L3Harris Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in L3Harris Technologies, Inc.'s own proxy. As printed: 25,617,590. View filing ↗
- Northrop Grumman Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in Northrop Grumman Corporation's own proxy. As printed: 25,357,443. View filing ↗
- TransDigm Group Incorporated, Section 10b CEO total. DEF 14A, filed 2026-01-23. CEO total compensation as printed in TransDigm Group Incorporated's own proxy. As printed: 25,188,430. View filing ↗
- RTX Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-09. CEO total compensation as printed in RTX Corporation's own proxy. As printed: 24,846,826. View filing ↗
- The Boeing Company, Section 10b CEO total. DEF 14A, filed 2026-03-06. CEO total compensation as printed in The Boeing Company's own proxy. As printed: 23,581,389. View filing ↗
- Lockheed Martin (subject), Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Lockheed Martin's own proxy. As printed: 23,453,308. View filing ↗
- HP Inc., Section 10b CEO total. DEF 14A, filed 2026-02-25. CEO total compensation as printed in HP Inc.'s own proxy. As printed: 23,103,812. View filing ↗
- United Parcel Service, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in United Parcel Service, Inc.'s own proxy. As printed: 22,878,788. View filing ↗
- Textron Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in Textron Inc.'s own proxy. As printed: 21,165,556. View filing ↗
- 3M Company, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in 3M Company's own proxy. As printed: 21,005,009. View filing ↗
- Honeywell International Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Honeywell International Inc.'s own proxy. As printed: 20,381,435. View filing ↗
- Caterpillar Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Caterpillar Inc.'s own proxy. As printed: 17,008,077. View filing ↗
- Dell Technologies, Section 10b CEO total. DEF 14A, filed 2026-05-15. CEO total compensation as printed in Dell Technologies's own proxy. As printed: 3,382,209. View filing ↗
- Section 10a, Caterpillar Inc. reciprocity. DEF 14A. Caterpillar Inc.'s most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, Deere & Company reciprocity. DEF 14A. Deere & Company names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Intel Corporation reciprocity. DEF 14A. Intel Corporation's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, Northrop Grumman Corporation reciprocity. DEF 14A. Northrop Grumman Corporation names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, The Boeing Company reciprocity. DEF 14A. The Boeing Company names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, United Parcel Service, Inc. reciprocity. DEF 14A. United Parcel Service, Inc. names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Honeywell International Inc. reciprocity. DEF 14A. Honeywell International Inc. names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Verizon reciprocity. DEF 14A. Verizon's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, 3M Company reciprocity. DEF 14A. 3M Company's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, IBM Corporation reciprocity. DEF 14A. IBM Corporation's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, Textron Inc. reciprocity. DEF 14A. Textron Inc.'s most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, Cisco Systems, Inc. reciprocity. DEF 14A. Cisco Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, General Dynamics Corporation reciprocity. DEF 14A. General Dynamics Corporation names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, RTX Corporation reciprocity. DEF 14A. RTX Corporation's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗
- Section 10a, TransDigm Group Incorporated reciprocity. DEF 14A. TransDigm Group Incorporated's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. View filing ↗