Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-17

Lockheed Martin (LMT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$23,453,308
James Taiclet total, FY2025
44th
CEO pay percentile vs peers
180:1
CEO-to-median pay ratio
91.74%
Say-on-pay support, latest vote
Companies that benchmark against LMT
15 companies name LMT as a compensation peer

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.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
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'Connor800,961300,00010,199,87901,077,7000318,18012,696,720
Senior Vice President, General Counsel and Corporate Secretary
Frank St. John1,089,42305,386,76202,348,800418,238617,9389,861,161
Chief Operating Officer
Timothy Cahill995,00003,618,23801,756,000267,432202,4196,839,089
President, Missiles and Fire Control
Jesus Malave343,26904,422,18800073,4084,838,865
Former Chief Financial Officer
Evan Scott783,1440637,81001,097,97575,478174,8772,769,284
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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
James Taiclet$23,453,308
Kevin O'Connor12,696,720
Frank St. John9,861,161
Timothy Cahill6,839,0896,128,7007,169,426+710,389
Jesus Malave4,838,8658,532,6146,659,256−3,693,749
Evan Scott2,769,284

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Joseph F. Dunford JrDirector2026-03-31A80.66Derivative, Class A CommonForm 4 ↗
John M. DonovanDirector2026-03-31A81.69Derivative, Class A CommonForm 4 ↗
David B. BurrittDirector2026-03-31A70.32Derivative, Class A CommonForm 4 ↗
Vicki A. HollubDirector2026-04-01A415.600CommonForm 4 ↗
Vicki A. HollubDirector2026-04-01D415.6Derivative, Class A CommonForm 4 ↗
Stephanie C. HillPres. Rotary & Mission Systems2026-06-11D36800CommonForm 4 ↗
John M. DonovanDirector2026-06-30A96.92Derivative, Class A CommonForm 4 ↗
David B. BurrittDirector2026-06-30A83.42Derivative, Class A CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Frank St. JohnPSU2025-02-26475$3,386,522
Timothy CahillMICP0
Evan ScottRSU2025-02-26962422,722
Frank St. JohnMICP0
Jesus MalaveRSU2025-02-261,642,113
Kevin O'ConnorMICP0
Frank St. JohnRSU2025-02-264,5522,000,240
Jesus MalavePSU2025-02-262,780,075
James TaicletMICP0
Kevin O'ConnorPSU2025-02-262842,021,920
Evan ScottPSU2025-02-2631215,088
Timothy CahillPSU2025-02-263192,274,932
Jesus MalaveMICP0
Evan ScottMICP0
Timothy CahillRSU2025-02-263,0571,343,307
James TaicletPSU2025-02-261,2048,591,905
James TaicletRSU2025-02-2611,5515,075,740
Kevin O'ConnorRSU2025-02-2618,5748,177,959
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Frank St. John$2,000,240$3,386,522$062.9%
Timothy Cahill1,343,3072,274,932062.9%
Evan Scott422,722215,088033.7%
Jesus Malave1,642,1132,780,075062.9%
Kevin O'Connor8,177,9592,021,920019.8%
James Taiclet5,075,7408,591,905062.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Frank St. JohnRSU3,062$1,480,998
Timothy CahillRSU2,7021,306,876
Evan ScottRSU273132,042
Timothy CahillRSU2,5331,225,136
Timothy CahillRSU2,058995,393
James TaicletRSU11,2475,439,836
Frank St. JohnRSU4,4292,142,174
Timothy CahillRSU2,8811,393,453
Evan ScottRSU886428,532
Evan ScottRSU268129,624
James TaicletRSU9,6184,651,938
Frank St. JohnRSU3,7561,816,665
Timothy CahillRSU2,9361,420,055
Kevin O'ConnorRSU2,5611,238,679
Kevin O'ConnorRSU18,5748,983,687
James TaicletRSU11,4175,522,060
James TaicletRSU10,8795,261,846
James TaicletRSU10,3645,012,756
James TaicletRSU7,8383,791,005
Frank St. JohnRSU4,4992,176,031
Frank St. JohnRSU4,2882,073,977
Frank St. JohnRSU4,0841,975,308
Timothy CahillRSU3,0241,462,618
Evan ScottRSU990478,833
Evan ScottRSU962465,291
Evan ScottRSU209101,087
05

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 consultantMeridian Compensation Partners
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-12148,179,58513,335,1672,913,57991.74%Passed
20252025-05-09151,665,49111,565,3742,919,32992.91%Passed
20242024-05-02157,832,36111,764,5933,549,06793.06%Passed
20232023-04-27174,932,83411,797,6703,669,44693.68%Passed
20222022-04-21183,647,71213,314,5792,769,78093.24%Passed
20212021-04-22192,833,34515,278,4633,084,56792.66%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 yearMeeting dateApproval — company's computation
20262026-05-1291.74%a
20252025-05-0992.91%b
20242024-05-0293.06%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.

07

CEO pay ratio

Ratio (CEO : median employee)180 : 1
CEO total compensation$23,453,308
Median employee compensation$130,614
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas J. FalkIndependent · Lead Independent Director$250,000$170,000$0$420,000
Patricia E. YarringtonIndependent · Audit (Chair) · Classified Business and Security205,000170,0000375,000
John M. DonovanIndependent · Classified Business and Security · Management Development and Compensation (Chair)200,000170,0000625370,625
Joseph F. Dunford JrIndependent · Classified Business and Security (Chair) · Nominating and Corporate Governance · Not standing for re-election195,000170,0000365,000
Debra L. Reed-KlagesIndependent · Management Development and Compensation · Nominating and Corporate Governance170,000170,00003,041343,041
Heather A. WilsonIndependent · Classified Business and Security · Nominating and Corporate Governance (Chair)170,000170,00001,045341,045
Vicki A. HollubIndependent · Audit · Management Development and Compensation170,000170,00001,000341,000
David B. BurrittIndependent · Audit · Management Development and Compensation170,000170,0000357340,357
John C. AquilinoIndependent · Classified Business and Security170,000170,0000340,000
Bruce A. CarlsonIndependent · Classified Business and Security · Nominating and Corporate Governance · Departed during FY60,24756,6670755117,669
James D. TaicletEmployee director · Board Chair00000
09

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
09b

Total cost of the board

ComponentFY2025
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.

10

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.

10a

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.

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.

10b

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Intel Corporation2025Lip-Bu Tan$746,200$49,639,500$39,523,200$2,374,000$92,990,900
2Cisco Systems, Inc.2025Charles Robbins1,390,00045,870,69005,117,42452,838,751
3IBM Corporation2025Arvind Krishna1,500,00023,988,5866,606,3125,250,00037,989,685
4Verizon2025Daniel Schulman375,00032,774,7950937,50034,311,016
5Deere & Company2025John May1,694,50713,950,2394,255,1335,450,55127,925,424
6FedEx Corporation2026Rajesh Subramaniam1,550,0006,731,3643,715,06210,593,50027,554,018
7General Dynamics Corporation2025Phebe Novakovic1,737,50012,539,6345,220,4455,729,00025,924,082
8L3Harris Technologies, Inc.2025Christopher Kubasik1,550,00014,175,00006,200,00025,617,590
9Northrop Grumman Corporation2025Kathy Warden1,840,38516,750,23004,218,00025,357,443
10TransDigm Group Incorporated2025Kevin Stein1,462,650021,119,9262,585,05425,188,430
11RTX Corporation2025Christopher Calio1,525,00010,875,3916,753,909024,846,826
12The Boeing Company2025Robert Ortberg1,500,0007,874,8189,624,9593,930,00023,581,389
13Lockheed Martin2025James Taiclet1,751,00013,667,64505,496,30023,453,308
14HP Inc.2025Enrique Lores1,450,00019,339,96601,879,92523,103,812
15United Parcel Service, Inc.2025Carol Tomé1,509,71317,550,5461,358,7542,264,56922,878,788
163M Company2025William Brown1,800,0007,753,8527,001,2423,745,32221,005,009
17Honeywell International Inc.2025Vimal Kapur1,600,00010,866,2693,623,9143,516,80020,381,435
18Textron Inc.2024Scott Donnelly1,413,46111,586,8403,946,6831,641,00019,643,978
19Caterpillar Inc.2025Joseph Creed1,381,8929,538,4843,101,1172,476,80017,008,077
20Dell Technologies2026Michael Dell950,000002,394,0003,382,209
BAE Systems plcnot 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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Lockheed Martin114%PSU 50 · RSU 30 · Cash LTI 20Yes — Relative TSRMeridian Compensation Partners
3M Company118.9%PSU 50 · Options 50NoFW Cook
BAE Systems plcnot disclosednot disclosednot disclosednot disclosed
Caterpillar Inc.118%PSU 50 · RSU 25 · Options 25Yes — relative Total Shareholder Return (rTSR)Meridian Compensation Partners, LLC
Cisco Systems, Inc.142%PSU 60 · RSU 40Yes — Relative TSRExequity
Deere & Company160.8%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC (current); Pearl Meyer & Partners, LLC (prior year)
Dell Technologies126%not disclosedYes — Relative Total Shareholder Return (rTSR)Pay Governance
FedEx Corporation112.5%not disclosedYes — Relative TSR (FY24-FY26 LTI Cash Plan)Meridian Compensation Partners, LLC
General Dynamics Corporation177.0%PSU 50 · Options 30 · RSU 20Yes — rTSR (relative Total Shareholder Return)Pay Governance, LLC
Honeywell International Inc.126%PSU 50 · Options 25 · RSU 25Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Groupnot disclosed
HP Inc.64.8%PSU 70 · RSU 30Yes — Relative TSR vs. S&P 500Semler Brossy
IBM Corporation150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
Intel Corporation118.7%PSU 60 · Options 40Yes — TSR relative to S&P 500 IndexSemler Brossy
L3Harris Technologies, Inc.200%PSU 50 · Options 25 · RSU 25Yes — Relative TSRFrederic W. Cook & Co., Inc.
Northrop Grumman Corporation114%PSU 70 · RSU 30Yes — Relative Total Shareholder Return (rTSR)Frederic W. Cook & Co.
RTX Corporation164%PSU 60 · Options 40Yes — TSR vs. Core A&D PeersFW Cook
Textron Inc.128.6%PSU 50 · RSU 25 · Options 25NoPearl Meyer
The Boeing Company131%Options 55 · RSU 45not disclosedFW Cook (Frederic W. Cook & Co., Inc.)
TransDigm Group Incorporated110.6%Options 100NoExequity LLP
United Parcel Service, Inc.75%PSU 93 · Options 7Yes — Relative Total Shareowner Return (RTSR)FW Cook
Verizon100%PSU 60 · RSU 40Yes — relative total shareholder return (TSR) position compared with the companies in the S&P 100Meridian 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.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, James TaicletDEF 14A2026-03-260000936468-26-000004Section “Summary Compensation Table” · page 45. As printed: 23,453,308. Filing ↗machine: r4 · c27 · span 1276177–1276187
2Section 01, Kevin O'ConnorDEF 14A2026-03-260000936468-26-000004Section “Summary Compensation Table” · page 45. As printed: 12,696,720. Filing ↗machine: t164 · r20 · c15 · span 1308988–1308998
3Section 01, Frank St. JohnDEF 14A2026-03-260000936468-26-000004Section “Summary Compensation Table” · page 45. As printed: 9,861,161. Filing ↗machine: t164 · r9 · c15 · span 1289117–1289126
4Section 01, Timothy CahillDEF 14A2026-03-260000936468-26-000004Section “Summary Compensation Table” · page 45. As printed: 6,839,089. Filing ↗machine: r12 · c27 · span 1297863–1297872
5Section 01, Jesus MalaveDEF 14A2026-03-260000936468-26-000004Section “Summary Compensation Table” · page 45. As printed: 4,838,865. Filing ↗machine: r25 · c27 · span 1314108–1314117
6Section 01, Evan ScottDEF 14A2026-03-260000936468-26-000004Section “Summary Compensation Table” · page 45. As printed: 2,769,284. Filing ↗machine: r7 · c27 · span 1284910–1284919
7Section 03, Frank St. John PSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r17 · c11 · span 1437687–1437696
8Section 03, Timothy Cahill MICPDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t134 · r5 · c1 · span 1095297–1095298
9Section 03, Evan Scott RSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r11 · c11 · span 1422252–1422259
10Section 03, Frank St. John MICPDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t134 · r4 · c1 · span 1093482–1093483
11Section 03, Jesus Malave RSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r39 · c13 · span 1470513–1470522
12Section 03, Kevin O'Connor MICPDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t134 · r6 · c1 · span 1097185–1097186
13Section 03, Frank St. John RSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r15 · c11 · span 1432741–1432750
14Section 03, Jesus Malave PSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r41 · c11 · span 1476187–1476196
15Section 03, James Taiclet MICPDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t134 · r2 · c1 · span 1089578–1089579
16Section 03, Kevin O'Connor PSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r33 · c11 · span 1462550–1462559
17Section 03, Evan Scott PSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r13 · c11 · span 1427188–1427195
18Section 03, Timothy Cahill PSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r21 · c11 · span 1448271–1448280
19Section 03, Jesus Malave MICPDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t165 · r0 · c0 · span 1323469–1323470
20Section 03, Evan Scott MICPDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t134 · r3 · c1 · span 1091671–1091672
21Section 03, Timothy Cahill RSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r19 · c11 · span 1443277–1443286
22Section 03, James Taiclet PSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r9 · c11 · span 1416682–1416691
23Section 03, James Taiclet RSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r7 · c11 · span 1411708–1411717
24Section 03, Kevin O'Connor RSUDEF 14A2026-03-260000936468-26-000004Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t174 · r31 · c11 · span 1457561–1457570
25Section 07, pay ratioDEF 14A2026-03-260000936468-26-000004Section “CEO Pay Ratio”. As printed: 180 : 1. Filing ↗machine: span 1883802–1883809
26Section 08, Thomas J. FalkDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 420,000. Filing ↗machine: t100 · r8 · c7 · span 871841–871848
27Section 08, Patricia E. YarringtonDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 375,000. Filing ↗machine: t100 · r12 · c7 · span 879308–879315
28Section 08, John M. DonovanDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 370,625. Filing ↗machine: t100 · r6 · c7 · span 868247–868254
29Section 08, Joseph F. Dunford JrDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 365,000. Filing ↗machine: t100 · r7 · c7 · span 869973–869980
30Section 08, Debra L. Reed-KlagesDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 343,041. Filing ↗machine: t100 · r10 · c7 · span 875430–875437
31Section 08, Heather A. WilsonDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 341,045. Filing ↗machine: t100 · r11 · c7 · span 877160–877167
32Section 08, Vicki A. HollubDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 341,000. Filing ↗machine: t100 · r9 · c7 · span 873558–873565
33Section 08, David B. BurrittDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 340,357. Filing ↗machine: t100 · r4 · c7 · span 864668–864675
34Section 08, John C. AquilinoDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 340,000. Filing ↗machine: t100 · r3 · c7 · span 862779–862786
35Section 08, Bruce A. CarlsonDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 117,669. Filing ↗machine: t100 · r5 · c7 · span 866382–866389
36Section 08, James D. TaicletDEF 14A2026-03-260000936468-26-000004Section “Director Compensation”. As printed: 0. Filing ↗
37Section 02, Joseph F. Dunford Jr 2026-03-31Form 42026-04-020001225208-26-004198Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, John M. Donovan 2026-03-31Form 42026-04-020001225208-26-004197Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, David B. Burritt 2026-03-31Form 42026-04-020001225208-26-004196Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Vicki A. Hollub 2026-04-01Form 42026-04-060001225208-26-004406Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Vicki A. Hollub 2026-04-01Form 42026-04-060001225208-26-004406Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Stephanie C. Hill 2026-06-11Form 42026-06-150001225208-26-006049Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, John M. Donovan 2026-06-30Form 42026-07-020001225208-26-006399Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, David B. Burritt 2026-06-30Form 42026-07-020001225208-26-006398Insider equity transaction reported since the proxy statement. Filing ↗
45Section 06, 2026 voteForm 8-K2026-05-130000936468-26-000011Item 5.07 · say-on-pay result. As reported: 91.74% (votes for as printed: 148,179,585). Filing ↗
46Section 06, 2025 voteForm 8-K2025-05-090000936468-25-000038Item 5.07 · say-on-pay result. As reported: 92.91% (votes for as printed: 151,665,491). Filing ↗
47Section 06, 2024 voteForm 8-K2024-05-030000936468-24-000058Item 5.07 · say-on-pay result. As reported: 93.06% (votes for as printed: 157,832,361). Filing ↗
48Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
49Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
50Section 09b board cost (computed)ComputedcomputedCash 1,760,247 + equity 1,586,667 + all other 6,823 = 3,353,737, summed across the director compensation table rows.machine: formula: Σ = 3,353,737
51Intel Corporation, Section 10b CEO totalDEF 14A2026-03-230000050863-26-000061CEO total compensation as printed in Intel Corporation's own proxy. As printed: 92,990,900. Filing ↗machine: r2 · c24 · span 1612980–1612990
52Cisco Systems, Inc., Section 10b CEO totalDEF 14A2025-10-280000858877-25-000150CEO total compensation as printed in Cisco Systems, Inc.'s own proxy. As printed: 52,838,751. Filing ↗machine: r2 · c33 · span 1073719–1073729
53IBM Corporation, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in IBM Corporation's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
54Verizon, Section 10b CEO totalDEF 14A2026-04-060001308179-26-000210CEO total compensation as printed in Verizon's own proxy. As printed: 34,311,016. Filing ↗machine: t26 · r1 · c16 · span 239072–239082
55Deere & Company, Section 10b CEO totalDEF 14A2026-01-140001104659-26-003618CEO total compensation as printed in Deere & Company's own proxy. As printed: 27,925,424. Filing ↗machine: t295 · r9 · c26 · span 5375554–5375564
56FedEx Corporation, Section 10b CEO totalDEF 14A2026-08-170001104659-26-097836CEO total compensation as printed in FedEx Corporation's own proxy. As printed: 27,554,018. Filing ↗machine: r1 · c54 · span 1409491–1409501
57General Dynamics Corporation, Section 10b CEO totalDEF 14A2026-03-270001308179-26-000168CEO total compensation as printed in General Dynamics Corporation's own proxy. As printed: 25,924,082. Filing ↗machine: r1 · c16 · span 945926–945936
58L3Harris Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038170CEO total compensation as printed in L3Harris Technologies, Inc.'s own proxy. As printed: 25,617,590. Filing ↗machine: t208 · r11 · c26 · span 2251107–2251117
59Northrop Grumman Corporation, Section 10b CEO totalDEF 14A2026-04-030001133421-26-000007CEO total compensation as printed in Northrop Grumman Corporation's own proxy. As printed: 25,357,443. Filing ↗machine: r2 · c24 · span 1115708–1115718
60TransDigm Group Incorporated, Section 10b CEO totalDEF 14A2026-01-230001260221-26-000009CEO total compensation as printed in TransDigm Group Incorporated's own proxy. As printed: 25,188,430. Filing ↗machine: r3 · c21 · span 814057–814067
61RTX Corporation, Section 10b CEO totalDEF 14A2026-03-090001308179-26-000036CEO total compensation as printed in RTX Corporation's own proxy. As printed: 24,846,826. Filing ↗machine: t237 · r2 · c14 · span 908955–908966
62The Boeing Company, Section 10b CEO totalDEF 14A2026-03-060001193125-26-096787CEO total compensation as printed in The Boeing Company's own proxy. As printed: 23,581,389. Filing ↗machine: r2 · c44 · span 1170571–1170581
63Lockheed Martin (subject), Section 10b CEO totalDEF 14A2026-03-260000936468-26-000004CEO total compensation as printed in Lockheed Martin's own proxy. As printed: 23,453,308. Filing ↗machine: r4 · c27 · span 1276177–1276187
64HP Inc., Section 10b CEO totalDEF 14A2026-02-250000047217-26-000015CEO total compensation as printed in HP Inc.'s own proxy. As printed: 23,103,812. Filing ↗machine: r2 · c27 · span 1543092–1543102
65United Parcel Service, Inc., Section 10b CEO totalDEF 14A2026-03-190001628280-26-019856CEO total compensation as printed in United Parcel Service, Inc.'s own proxy. As printed: 22,878,788. Filing ↗machine: r2 · c27 · span 899122–899132
663M Company, Section 10b CEO totalDEF 14A2026-03-250000066740-26-000151CEO total compensation as printed in 3M Company's own proxy. As printed: 21,005,009. Filing ↗machine: r2 · c9 · span 2797692–2797702
67Honeywell International Inc., Section 10b CEO totalDEF 14A2026-04-100000773840-26-000029CEO total compensation as printed in Honeywell International Inc.'s own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439
68Textron Inc., Section 10b CEO totalDEF 14A2026-03-050001552781-26-000084CEO total compensation as printed in Textron Inc.'s own proxy. As printed: 19,643,978. Filing ↗machine: r7 · c18 · span 701332–701342
69Caterpillar Inc., Section 10b CEO totalDEF 14A2026-04-300001308179-26-000358CEO total compensation as printed in Caterpillar Inc.'s own proxy. As printed: 17,008,077. Filing ↗machine: span 855862–855872
70Dell Technologies, Section 10b CEO totalDEF 14A2026-05-150001193125-26-226734CEO total compensation as printed in Dell Technologies's own proxy. As printed: 3,382,209. Filing ↗machine: t353 · r3 · c27 · span 1739073–1739082
71Section 10a, Caterpillar Inc. reciprocityDEF 14A0001308179-26-000358Caterpillar Inc.'s most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
72Section 10a, Honeywell International Inc. reciprocityDEF 14A0000773840-26-000029Honeywell International Inc. names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Verizon reciprocityDEF 14A0001308179-26-000210Verizon's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
74Section 10a, Northrop Grumman Corporation reciprocityDEF 14A0001133421-26-000007Northrop Grumman Corporation names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, 3M Company reciprocityDEF 14A0000066740-26-0001513M Company's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
76Section 10a, IBM Corporation reciprocityDEF 14A0000051143-26-000025IBM Corporation's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
77Section 10a, Intel Corporation reciprocityDEF 14A0000050863-26-000061Intel Corporation's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
78Section 10a, Textron Inc. reciprocityDEF 14A0001552781-26-000084Textron Inc.'s most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
79Section 10a, Deere & Company reciprocityDEF 14A0001104659-26-003618Deere & Company names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). Filing ↗
80Section 10a, Cisco Systems, Inc. reciprocityDEF 14A0000858877-25-000150Cisco Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
81Section 10a, United Parcel Service, Inc. reciprocityDEF 14A0001628280-26-019856United Parcel Service, Inc. names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). Filing ↗
82Section 10a, General Dynamics Corporation reciprocityDEF 14A0001308179-26-000168General Dynamics Corporation names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). Filing ↗
83Section 10a, The Boeing Company reciprocityDEF 14A0001193125-26-096787The Boeing Company names Lockheed Martin in its own disclosed peer group (read from its most recent proxy). Filing ↗
84Section 10a, RTX Corporation reciprocityDEF 14A0001308179-26-000036RTX Corporation's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗
85Section 10a, TransDigm Group Incorporated reciprocityDEF 14A0001260221-26-000009TransDigm Group Incorporated's most recent proxy was read; its disclosed peer group does not include Lockheed Martin. Filing ↗