LOCKHEED MARTIN CORP
For the period ended Sep 28, 2025. Filed Oct 21, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2025 · Filed Oct 21, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
There were no sales of unregistered equity securities during the quarter ended September 28, 2025.
The following table provides information about our repurchases of our common stock that is registered pursuant to Section 12 of the Securities Exchange Act of 1934 during the quarter ended September 28, 2025.
| Period (a) · Total Numberof SharesPurchased · AveragePrice PaidPer Share · Total Number ofSharesPurchased asPart of PubliclyAnnounced Plansor Programs (b) · Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (b) | ||||||
|---|---|---|---|---|---|---|
| (in millions) | ||||||
| June 30, 2025 – July 27, 2025 (c) | 1,019,637 | $422.72 | 1,019,637 | $7,642 | ||
| July 28, 2025 – August 31, 2025 (c) | 810,392 | $433.91 | 808,402 | $7,292 | ||
| September 1, 2025 – September 28, 2025 (c) | 465,622 | $468.59 | 465,613 | $7,073 | ||
| Total (c) | 2,295,651 | $435.97 | 2,293,652 | |||
(a)We close our books and records on the last Sunday of each month to align our financial closing with our business processes, except for the month of December, as our fiscal year ends on December 31. As a result, our fiscal months often differ from the calendar months. For example, September 28, 2025 was the last day of our September 2025 fiscal month.
(b)In 2010, our Board of Directors approved a share repurchase program pursuant to which we are authorized to repurchase our common stock in privately negotiated transactions or in the open market at prices per share not exceeding the then-current market prices. From time to time, our Board of Directors authorizes increases to our share repurchase program. The total remaining authorization for future common share repurchases under our share repurchase program was $7.1 billion as of September 28, 2025. In October 2025, the Board of Directors authorized an increase of $2.0 billion to our share repurchase program. Under the program, management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation. This includes purchases pursuant to Rule 10b5-1 plans, including accelerated share repurchases. The program does not have an expiration date.
(c)During the quarter ended September 28, 2025, the total number of shares purchased included 1,999 shares that were transferred to us by employees in satisfaction of tax withholding obligations associated with the vesting of restricted stock units. These purchases were made pursuant to a separate authorization by our Board of Directors and are not included within the program.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.