What the executives and directors of Lockheed Martin actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| TAICLET JAMES D JR Chairman, President & CEO | CEO | 43.8K | — | — |
| MALAVE JESUS JR Chief Financial Officer | CFO | 17.8K | — | — |
| Cahill Timothy S Pres. Missiles & Fire Control | Officer | 14.1K | — | — |
| Hill Stephanie C. Pres. Rotary & Mission Systems | Officer | 8,964 | — | $7K |
| Ulmer Gregory M President Aeronautics | Officer | 8,181 | — | — |
| O'Connor Kevin J. SVP & General Counsel | Officer | 5,285 | — | — |
| Lightfoot Robert M JR President Space | Officer | 4,627 | — | — |
| St John Frank A Chief Operating Officer | COO | 3,756 | — | $3.8M |
| Paul Harry Edward III Vice President & Controller | Officer | 3,164 | — | — |
| GORDON ILENE S | Director | 1,916 | — | — |
| Scott Evan T Chief Financial Officer | CFO | 1,269 | — | — |
| Ricciardone Maria A. VP, Treasurer & Investor Rel. | Officer | 1,178 | — | — |
| Ellis James O Jr | Director | 1,118 | — | — |
| Hollub Vicki A. | Director | 416 | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 80 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 280 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 400 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 440 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 600 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 640 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 900 | $0.00 | $0 |
| 2026-03-11 | Cahill Timothy S (Officer) | Discretionary sale | 1,280 | $0.00 | $0 |
| 2026-02-27 | Ulmer Gregory M (Officer) | Discretionary sale | 320 | $0.00 | $0 |
| 2026-02-27 | Ulmer Gregory M (Officer) | Discretionary sale | 2,520 | $0.00 | $0 |
| 2026-02-24 | Hill Stephanie C. (Officer) | Discretionary sale | 10 | $666.05 | $7K |
| 2026-02-24 | Hill Stephanie C. (Officer) | Discretionary sale | 2,400 | $0.00 | $0 |
| 2025-10-23 | St John Frank A (COO) | Discretionary sale | 69 | $492.42 | $34K |
| 2025-10-23 | St John Frank A (COO) | Discretionary sale | 3,020 | $490.58 | $1.5M |
| 2025-10-23 | St John Frank A (COO) | Discretionary sale | 4,703 | $491.31 | $2.3M |
| 2025-02-26 | Hill Stephanie C. (Officer) | Discretionary sale | 4,791 | $442.51 | $2.1M |
| 2025-02-26 | Lightfoot Robert M JR (Officer) | Discretionary sale | 3,213 | $442.42 | $1.4M |
| 2025-02-26 | Paul Harry Edward III (Officer) | Discretionary sale | 707 | $442.61 | $313K |
| 2024-08-01 | Hill Stephanie C. (Officer) | Discretionary sale | 100 | $545.49 | $55K |
| 2024-08-01 | Hill Stephanie C. (Officer) | Discretionary sale | 300 | $546.52 | $164K |
| 2024-08-01 | Hill Stephanie C. (Officer) | Discretionary sale | 1,322 | $541.62 | $716K |
| 2024-08-01 | Hill Stephanie C. (Officer) | Discretionary sale | 1,550 | $542.74 | $841K |
| 2024-07-24 | Cahill Timothy S (Officer) | Discretionary sale | 148 | $517.71 | $77K |
| 2024-07-24 | Cahill Timothy S (Officer) | Discretionary sale | 800 | $516.69 | $413K |
| 2024-07-24 | Cahill Timothy S (Officer) | Discretionary sale | 984 | $515.51 | $507K |
| 2024-07-24 | Cahill Timothy S (Officer) | Discretionary sale | 2,043 | $514.60 | $1.1M |
| 2024-03-06 | Hill Stephanie C. (Officer) | Discretionary sale | 4,499 | $431.59 | $1.9M |
| 2024-03-05 | Lavan Maryanne (Officer) | Discretionary sale | 4,022 | $434.39 | $1.7M |
| 2024-03-05 | Ulmer Gregory M (Officer) | Discretionary sale | 6,204 | $431.19 | $2.7M |
| 2024-03-05 | Lightfoot Robert M JR (Officer) | Discretionary sale | 511 | $433.59 | $222K |
| 2024-03-01 | St John Frank A (COO) | Discretionary sale | 401 | $425.93 | $171K |
| 2024-03-01 | St John Frank A (COO) | Discretionary sale | 800 | $428.33 | $343K |
| 2024-03-01 | St John Frank A (COO) | Discretionary sale | 5,447 | $424.87 | $2.3M |
| 2023-07-19 | Donovan John (Director) | Open-market buy | 48 | $458.09 | $22K |
| 2023-07-19 | Donovan John (Director) | Open-market buy | 500 | $456.98 | $228K |
| 2023-04-20 | Hill Stephanie C. (Officer) | Discretionary sale | 2,391 | $490.84 | $1.2M |
| 2023-04-19 | Donovan John (Director) | Open-market buy | 506 | $495.17 | $251K |
| 2023-03-06 | Cahill Timothy S (Officer) | Discretionary sale | 300 | $479.91 | $144K |
| 2023-03-06 | Cahill Timothy S (Officer) | Discretionary sale | 2,234 | $479.38 | $1.1M |
| 2023-03-02 | Lavan Maryanne (Officer) | Discretionary sale | 54 | $478.08 | $26K |
| 2023-03-02 | Lavan Maryanne (Officer) | Discretionary sale | 900 | $477.47 | $430K |
| 2023-03-02 | Lavan Maryanne (Officer) | Discretionary sale | 3,600 | $476.47 | $1.7M |
| 2023-03-02 | Hill Stephanie C. (Officer) | Discretionary sale | 1,541 | $476.61 | $734K |
| 2023-03-02 | Lightfoot Robert M JR (Officer) | Discretionary sale | 497 | $474.31 | $236K |
| 2023-03-02 | Lightfoot Robert M JR (Officer) | Discretionary sale | 502 | $477.79 | $240K |
| 2023-03-02 | Scott Evan T (Officer) | Discretionary sale | 437 | $476.44 | $208K |
| 2023-03-01 | St John Frank A (COO) | Discretionary sale | 700 | $474.10 | $332K |
| 2023-03-01 | St John Frank A (COO) | Discretionary sale | 2,821 | $472.16 | $1.3M |
| 2023-03-01 | St John Frank A (COO) | Discretionary sale | 3,303 | $473.28 | $1.6M |
| 2023-01-25 | Donovan John (Director) | Open-market buy | 63 | $454.00 | $29K |
| 2023-01-25 | Donovan John (Director) | Open-market buy | 79 | $454.66 | $36K |
| 2023-01-25 | Donovan John (Director) | Open-market buy | 100 | $447.60 | $45K |
| 2023-01-25 | Donovan John (Director) | Open-market buy | 100 | $449.53 | $45K |
| 2023-01-25 | Donovan John (Director) | Open-market buy | 214 | $451.56 | $97K |
| 2022-10-20 | Donovan John (Director) | Open-market buy | 168 | $442.36 | $74K |
| 2022-10-20 | Donovan John (Director) | Open-market buy | 400 | $441.04 | $176K |
| 2022-08-03 | Ulmer Gregory M (Officer) | Discretionary sale | 200 | $425.48 | $85K |
| 2022-08-03 | Ulmer Gregory M (Officer) | Discretionary sale | 2,300 | $424.32 | $976K |
| 2022-08-03 | Ulmer Gregory M (Officer) | Discretionary sale | 4,429 | $423.55 | $1.9M |
| 2022-07-20 | Donovan John (Director) | Open-market buy | 632 | $396.16 | $250K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.