Lockheed Martin Files 2025 Proxy Statement
Ticker: LMT · Form: DEF 14A · Filed: 2025-03-27T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
LM's proxy statement is out, detailing exec pay & governance for 2024. Vote your shares!
AI Summary
Lockheed Martin Corporation filed its DEF 14A on March 27, 2025, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2024. The filing includes information on compensation for named executive officers and details related to equity awards and pension adjustments. It also covers the company's fiscal years 2021, 2022, 2023, and 2024.
Why It Matters
This filing provides shareholders with crucial information regarding executive pay and corporate governance, enabling informed voting decisions on company leadership and strategy.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not inherently introduce new risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for compensation details)
- 20250327 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- LOCKHEED MARTIN CORP (company) — Filer
- 0000936468 (company) — Central Index Key
- 3018976000 (dollar_amount) — Business Phone
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
When did Lockheed Martin's fiscal year end for the period covered by this filing?
The filing covers the fiscal year ending December 31, 2024.
What specific types of compensation information are typically included in a DEF 14A?
DEF 14A filings typically include details on base salary, bonuses, stock awards, option awards, pension benefits, and other compensation for named executive officers.
Who is responsible for filing the DEF 14A with the SEC?
The company itself, in this case, Lockheed Martin Corporation, is responsible for filing the DEF 14A with the Securities and Exchange Commission (SEC).
What is the significance of the 'Conformed Period of Report' date?
The 'Conformed Period of Report' date, May 9, 2025, indicates the period for which the information in the filing is considered to be reported, often aligning with the date of the annual meeting of shareholders.
From the Filing
0000936468-25-000015.txt : 20250327 0000936468-25-000015.hdr.sgml : 20250327 20250327075400 ACCESSION NUMBER: 0000936468-25-000015 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 169 CONFORMED PERIOD OF REPORT: 20250509 FILED AS OF DATE: 20250327 DATE AS OF CHANGE: 20250327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOCKHEED MARTIN CORP CENTRAL INDEX KEY: 0000936468 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] ORGANIZATION NAME: 04 Manufacturing EIN: 521893632 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11437 FILM NUMBER: 25775361 BUSINESS ADDRESS: STREET 1: 6801 ROCKLEDGE DR CITY: BETHESDA STATE: MD ZIP: 20817 BUSINESS PHONE: 3018976000 MAIL ADDRESS: STREET 1: 6801 ROCKLEDGE DRIVE CITY: BETHESDA STATE: MD ZIP: 20817 DEF 14A 1 lmt-20250327.htm DEF 14A lmt-20250327 LOCKHEED MARTIN CORPORATION 0000936468 DEF 14A false iso4217:USD xbrli:pure 0000936468 2024-01-01 2024-12-31 0000936468 2023-01-01 2023-12-31 0000936468 2022-01-01 2022-12-31 0000936468 2021-01-01 2021-12-31 0000936468 lmt:TaicletMember 2020-01-01 2020-12-31 0000936468 lmt:HewsonMember 2020-01-01 2020-12-31 0000936468 2020-01-01 2020-12-31 0000936468 2020-06-15 2020-12-31 0000936468 2020-01-01 2020-06-14 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember 2024-01-01 2024-12-31 0000936468 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2024-01-01 2024-12-31 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember 2023-01-01 2023-12-31 0000936468 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2023-01-01 2023-12-31 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember 2022-01-01 2022-12-31 0000936468 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2022-01-01 2022-12-31 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember 2021-01-01 2021-12-31 0000936468 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2021-01-01 2021-12-31 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember lmt:TaicletMember 2020-01-01 2020-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember lmt:TaicletMember 2020-01-01 2020-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember lmt:TaicletMember 2020-01-01 2020-12-31 0000936468 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember lmt:TaicletMember 2020-01-01 2020-12-31 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember lmt:HewsonMember 2020-01-01 2020-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember lmt:HewsonMember 2020-01-01 2020-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember lmt:HewsonMember 2020-01-01 2020-12-31 0000936468 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember lmt:HewsonMember 2020-01-01 2020-12-31 0000936468 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000936468 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000936468 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000936468 ecd