A Form 4 filed with the SEC on August 17, 2026 discloses that John Donovan, a director of Lockheed Martin Corp (NYSE:LMT), sold a total of 3,378 shares of common stock across six transactions on August 13, 2026, reducing his direct beneficial ownership to zero shares.

Key Highlights

  • Reporting person: John Donovan, identified as a Director of Lockheed Martin Corp.
  • Transaction date: All six dispositions occurred on August 13, 2026.
  • Total shares disposed: 3,378 shares of common stock sold across six separate transaction tranches (120, 204, 212, 469, 631, and 1,742 shares).
  • Price ranges: Sale prices ranged across tranches from approximately $596.7062 to $602.0581 per share, with each tranche reflecting a weighted average price in Column 4 shown as $0 per the filing's footnoted disclosure.
  • Remaining ownership: Following all reported transactions, Donovan's direct beneficial ownership of common stock is reported as 0.0000 shares.
  • Transaction code: All transactions are coded "S" (sale) in the filing.
  • Filing signed: Signed by Lynda M. Noggle as Attorney-in-fact for John M. Donovan, dated August 17, 2026.

Director John Donovan's Share Dispositions in Detail

According to the filing, John Donovan, a director at Lockheed Martin Corp (NYSE:LMT), reported six separate dispositions of common stock on August 13, 2026. The tranches consisted of 120 shares, 204 shares, 212 shares, 469 shares, 631 shares, and 1,742 shares, each coded "S" for sale and each reported as directly owned. After each successive transaction, the filing records the remaining beneficial ownership declining from 3,258 shares to 3,054, then to 2,842, 2,373, 1,742, and finally to 0.0000 shares.

The filing notes that the price shown in Column 4 for each tranche is a weighted average and that shares within each tranche were sold in multiple transactions at varying prices. The price ranges reported in the footnotes are: $601.8820 to $602.0581 for the first tranche; $600.8337 to $601.5186 for the second; $599.7823 to $600.7583 for the third; $596.7062 to $597.6678 for the fourth; $598.7529 to $599.4026 for the fifth; and $597.7465 to $598.7410 for the sixth. The filing states that Donovan undertakes to provide full information on the number of shares sold at each separate price upon request by the issuer, any security holder, or SEC staff.

No derivative securities transactions were reported in Table II of this filing. The Form 4 was filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 and was submitted by Lynda M. Noggle as Attorney-in-fact on behalf of John M. Donovan.

What Was Disclosed

The filing discloses that Lockheed Martin director John Donovan disposed of 3,378 shares of common stock in six tranches on August 13, 2026, at weighted average prices ranging from approximately $596.71 to $602.06, leaving him with zero direct beneficial ownership.