secwatch.observer — SEC 8-K summary
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Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0000936468-22-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin names Jay Malave as CFO effective Jan 31, 2022
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- Jay Malave appointed CFO; previously SVP & CFO of L3Harris.
- Base salary $960,000; one-time cash sign-on bonus of $750,000.
- Target annual incentive 115% of salary under 2021 MICP for 2022.
- 2022 LTI award opportunity of $8,000,000 (50% PSUs, 30% RSUs, 20% LTIP).
- John Mollard, serving as interim CFO, continues as VP and Treasurer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000093646822000011/0000936468-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000093646822000011/wk-20220127.htm
  HTML page:      https://secwatch.observer/filing/0000936468-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer