Lockheed Martin Supplement: Stockholder Proposal Withdrawn

TL;DR

LM withdraws shareholder proposal, deal likely done.

AI Summary

Lockheed Martin Corporation filed a supplemental proxy statement on April 8, 2025, to its March 27, 2025, proxy statement and notice of annual meeting. This filing concerns the withdrawal of a stockholder proposal, indicating a resolution or agreement has been reached regarding the proposal that was intended for the upcoming annual meeting.

Why It Matters

This filing suggests a resolution has been reached on a shareholder matter, potentially avoiding a contentious vote at the annual meeting and indicating ongoing dialogue between the company and its investors.

Risk Assessment

Risk Level: low — This is a routine administrative filing related to a withdrawn shareholder proposal, not indicating new financial or operational risks.

Key Players & Entities

• Lockheed Martin Corporation (company) — Registrant and filer of the proxy statement
• 0000936468-25-000023.txt (document) — Accession number for the filing
• April 8, 2025 (date) — Date of the supplemental filing
• March 27, 2025 (date) — Date of the original proxy statement and notice of annual meeting

FAQ

From the Filing

0000936468-25-000023.txt : 20250408 0000936468-25-000023.hdr.sgml : 20250408 20250408083711 ACCESSION NUMBER: 0000936468-25-000023 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250408 DATE AS OF CHANGE: 20250408 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: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11437 FILM NUMBER: 25820377 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 DEFA14A 1 defa14a-april2025xsuppleme.htm DEFA14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) ☑ Filed by the Registrant ☐ Filed by a Party other than the Registrant Check the appropriate box: ☐   Preliminary Proxy Statement ☐ Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☑   Definitive Additional Materials ☐ Soliciting Material under § 240.14a-12 Lockheed Martin Corporation (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☑   No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Lockheed Martin Corporation Supplement Dated April 8, 2025 to 2025 Proxy Statement and Notice of Annual Meeting Dated March 27, 2025 Withdrawal of Stockholder Proposal To Our Stockholders: This Supplement provides important updated information with respect to the 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) of Lockheed Martin Corporation (the “Company”) to be held virtually on Friday, May 9, 2025 at 9:00 a.m. EDT. This Supplement should be read in conjunction with the Company’s 2025 Proxy Statement. Withdrawal of Proposal 6: Stockholder Proposal Requesting a Report on Hiring/Recruitment Discrimination Effective April 7, 2025, the Bahnsen Family Trust, the proponent of Proposal 6: Stockholder Proposal Requesting a Report on Hiring/Recruitment Discrimination, has withdrawn the proposal. Accordingly, Proposal 6 will not be presented or voted upon at the 2025 Annual Meeting, nor will any votes cast in regard to Proposal 6 be tabulated or reported. Voting and Other Matters Other than withdrawn Proposal 6, the other proposals and nominations included in the Proxy Statement will proceed to a vote as originally stated. Notwithstanding the withdrawal of Proposal 6, the proxy card and voting instruction forms distributed or presented online with the Proxy Statement remain valid, and the Company will not distribute new proxy cards or voting instruction forms. None of the other agenda items are affected by this Supplement, and votes already submitted for those items remain valid and will be voted at the 2025 Annual Meeting on all proposals properly presented. If you have already submitted your vote, you do not need to take any action, unless you wish to change or revoke your vote . If you have not yet submitted your vote, please submit your vote as soon as possible, disregarding Proposal 6. Information on how to vote your shares, or change or revoke your prior vote, is available in the Proxy Statement. GRAPHIC 2 lm-logo_blue2.jpg DEFA14A begin 644 lm-logo_blue2.jpg M_]C_X 02D9)1@ ! @ 9 !D #_[ 11'5C:WD 0 $ 7P _^$#+VAT M=' Z+R]N &%P+S$N,"\ /#]X FMC.60B/SX@/'@Z>&UP;65T