Lockheed Martin COO St. John sells $2.35M in common stock

Lockheed Martin's Chief Operating Officer, Frank A. St. John, divested a total of 3,899 shares of the company's common stock on October 23, 2026. The sales were conducted in three separate transactions, amounting to an estimated value of $2.35 million. St. John sold 720 shares at prices between $601.14 and $602.04, 1,160 shares at prices between $600.00 and $600.83, and the largest share sale was 2,019 shares at prices between $602.22 and $602.98.

Despite selling these shares, St. John's direct beneficial ownership of Lockheed Martin common stock currently stands at 0.468 shares, including additional acquisitions through dividend reinvestment as of the reportable transaction date. In other news, Lockheed Martin reported stronger-than-expected results for the third quarter of 2026, achieving earnings per share of $7.97 and revenue of $20.7 billion.

This has led to increased price targets and ratings from various financial institutions, reflecting their confidence in the company's future performance.