Lockheed Martin Announces Executive and Director Changes
Ticker: LMT · Form: 8-K · Filed: Dec 11, 2024 · CIK: 936468
| Field | Detail |
|---|---|
| Company | Lockheed Martin CORP (LMT) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, governance, board-of-directors
Related Tickers: LMT
TL;DR
LMT board shakeup, new execs appointed, comp plans updated.
AI Summary
Lockheed Martin Corporation announced on December 11, 2024, changes in its executive team. The filing details the departure of directors or certain officers, the election of new directors, and the appointment of certain officers, along with updates to compensatory arrangements for these key individuals.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and executive appointments, which typically carry low inherent risk.
Key Players & Entities
- Lockheed Martin Corporation (company) — Registrant
- December 11, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the executive and director changes?
The filing indicates changes related to the departure of directors or certain officers, election of directors, and appointment of certain officers, but does not specify the exact roles in this summary.
Are there any details on the new compensatory arrangements for the appointed officers?
The filing mentions updates to compensatory arrangements of certain officers, but specific details are not provided in this summary.
When was the earliest event reported in this Form 8-K?
The earliest event reported was on December 11, 2024.
What is Lockheed Martin Corporation's state of incorporation?
Lockheed Martin Corporation is incorporated in Maryland.
What is the principal executive office address for Lockheed Martin Corporation?
The principal executive offices are located at 6801 Rockledge Drive, Bethesda, Maryland, 20817.
Filing Stats: 909 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2024-12-11 16:31:07
Key Financial Figures
- $1 — ange on which registered Common Stock, $1 par value LMT New York Stock Exchange
Filing Documents
- lmt-20241211.htm (8-K) — 39KB
- exhibit101-dep.htm (EX-10.1) — 10KB
- exhibit102.htm (EX-10.2) — 121KB
- exhibit991-pressrelease.htm (EX-99.1) — 11KB
- image_0a.jpg (GRAPHIC) — 21KB
- 0000936468-24-000118.txt ( ) — 363KB
- lmt-20241211.xsd (EX-101.SCH) — 2KB
- lmt-20241211_lab.xml (EX-101.LAB) — 21KB
- lmt-20241211_pre.xml (EX-101.PRE) — 12KB
- lmt-20241211_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 2024 Amendment to Lockheed Martin Corporation Amended and Restated Directors Equity Plan 10.2 Lockheed Martin Corporation Directors Deferred Compensation Plan as Amended and Restated Effective October 1, 2024 99.1 Lockheed Martin Corporation News Release dated December 1 1 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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: December 11, 2024 By: /s/ John E. Stevens John E. Stevens Vice President and Associate General Counsel