Lockheed Martin Announces Executive Leadership Changes
Ticker: LMT · Form: 8-K · Filed: Nov 13, 2024 · CIK: 936468
| Field | Detail |
|---|---|
| Company | Lockheed Martin CORP (LMT) |
| Form Type | 8-K |
| Filed Date | Nov 13, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-of-directors, governance
Related Tickers: LMT
TL;DR
LMT board shakeup: Director Frank St. John out, new directors in. Compensatory arrangements adjusted.
AI Summary
Lockheed Martin Corporation announced on November 13, 2024, changes in its executive leadership. Specifically, the company reported the departure of Director Frank St. John and the election of new directors, along with adjustments to compensatory arrangements for certain officers.
Why It Matters
Changes in executive leadership can signal shifts in company strategy or operational focus, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine executive and director changes, which are common corporate governance events and do not inherently indicate significant financial or operational risk.
Key Players & Entities
- Lockheed Martin Corporation (company) — Registrant
- Frank St. John (person) — Departing Director
- November 13, 2024 (date) — Date of Report
FAQ
Who is the departing director mentioned in the filing?
The filing mentions the departure of Director Frank St. John.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is November 13, 2024.
What are the main items covered in this 8-K filing?
This filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
In which state is Lockheed Martin Corporation incorporated?
Lockheed Martin Corporation is incorporated in Maryland.
What is the principal executive office address for Lockheed Martin Corporation?
The principal executive office is located at 6801 Rockledge Drive, Bethesda, Maryland 20817.
Filing Stats: 425 words · 2 min read · ~1 pages · Grade level 12.5 · Accepted 2024-11-13 17:03:51
Key Financial Figures
- $1 — ange on which registered Common Stock, $1 par value LMT New York Stock Exchange
Filing Documents
- lmt-20241113.htm (8-K) — 27KB
- 0000936468-24-000112.txt ( ) — 147KB
- lmt-20241113.xsd (EX-101.SCH) — 2KB
- lmt-20241113_lab.xml (EX-101.LAB) — 21KB
- lmt-20241113_pre.xml (EX-101.PRE) — 12KB
- lmt-20241113_htm.xml (XML) — 3KB
From the Filing
lmt-20241113 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 13, 2024 LOCKHEED MARTIN CORPORATION (Exact name of registrant as specified in its charter) Maryland 1-11437 52-1893632 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 6801 Rockledge Drive Bethesda, Maryland 20817 (Address of principal executive offices) (Zip Code) ( 301 ) 897-6000 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $1 par value LMT New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 13, 2024, Jeh C. Johnson notified the Board of Directors of Lockheed Martin Corporation (the "Company") that he was resigning from the Board of Directors, effective November 13, 2024. Mr. Johnson's resignation does not involve a disagreement on any matter relating to the Company's operations, policies or practices. The Company thanks Mr. Johnson for his almost seven years of service on the Company's Board of Directors. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Lockheed Martin Corporation (Registrant) Date: November 13, 2024 By: /s/ John E. Stevens John E. Stevens Vice President and Associate General Counsel