Last updated: 26 May 2021 at 5:58pm EST

Kenneth Possenriede Net Worth




The estimated Net Worth of Kenneth R Possenriede is at least $14.2 Million dollars as of 22 February 2021. Mr. Possenriede owns over 1,017 units of Lockheed Martin stock worth over $1,728,661 and over the last 13 years he sold LMT stock worth over $3,175,678. In addition, he makes $9,262,230 as Chief Financial Officer and Executive Vice President at Lockheed Martin.

Mr. Possenriede LMT stock SEC Form 4 insiders trading

Kenneth has made over 17 trades of the Lockheed Martin stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 2,787 units of LMT stock worth $1,080,046 on 24 May 2021.

The largest trade he's ever made was exercising 29,854 units of Lockheed Martin stock on 10 May 2012 worth over $2,388,619. On average, Kenneth trades about 3,457 units every 122 days since 2012. As of 22 February 2021 he still owns at least 3,049 units of Lockheed Martin stock.

You can see the complete history of Mr. Possenriede stock trades at the bottom of the page.





Kenneth Possenriede biography

Kenneth R. Possenriede serves as Chief Financial Officer, Executive Vice President of the Company. He previously served as Vice President of Finance and Program Management in our Aeronautics segment from April 2016 to February 2019. Prior to that, he served as Vice President and Treasurer from 2011 through April 2016.

What is the salary of Kenneth Possenriede?

As the Chief Financial Officer and Executive Vice President of Lockheed Martin, the total compensation of Kenneth Possenriede at Lockheed Martin is $9,262,230. There are 1 executives at Lockheed Martin getting paid more, with Marillyn Hewson having the highest compensation of $30,914,000.



How old is Kenneth Possenriede?

Kenneth Possenriede is 60, he's been the Chief Financial Officer and Executive Vice President of Lockheed Martin since 2019. There are 14 older and 7 younger executives at Lockheed Martin. The oldest executive at Lockheed Martin Corp. is James Ellis, 72, who is the Independent Director.

What's Kenneth Possenriede's mailing address?

Kenneth's mailing address filed with the SEC is 6801, Rockledge Drive, North Bethesda, Montgomery County, Maryland, 20817, United States.

Insiders trading at Lockheed Martin

Over the last 21 years, insiders at Lockheed Martin have traded over $186,091,420 worth of Lockheed Martin stock and bought 12,982 units worth $3,907,573 . The most active insiders traders include James D Jr Taiclet, Thomas J Falk, and Robert J Stevens. On average, Lockheed Martin executives and independent directors trade stock every 23 days with the average trade being worth of $7,011,027. The most recent stock trade was executed by Stephanie C. Hill on 1 August 2024, trading 3,272 units of LMT stock currently worth $1,775,780.



What does Lockheed Martin do?

The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. 



What does Lockheed Martin's logo look like?

Lockheed Martin Corp. logo

Complete history of Mr. Possenriede stock trades at Lockheed Martin

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
24 May 2021 Kenneth R Possenriede
Chief Financial Officer
Sale 2,787 $387.53 $1,080,046
24 May 2021
0
22 Feb 2021 Kenneth R Possenriede
Chief Financial Officer
Option 1,017 $340.47 $346,258
22 Feb 2021
3,049
4 Dec 2020 Kenneth R Possenriede
Chief Financial Officer
Option 157 $366.61 $57,558
4 Dec 2020
2,177
12 Feb 2020 Kenneth R Possenriede
Chief Financial Officer
Sale 1,000 $436.54 $436,540
12 Feb 2020
1,993
26 Jan 2020 Kenneth R Possenriede
Chief Financial Officer
Option 1,509 $432.50 $652,643
26 Jan 2020
3,412
6 Dec 2019 Kenneth R Possenriede
Chief Financial Officer
Option 192 $386.86 $74,277
6 Dec 2019
2,083
24 Jul 2019 Kenneth R Possenriede
Chief Financial Officer
Sale 2,000 $363.85 $727,700
24 Jul 2019
1,881
28 Jan 2016 Kenneth R Possenriede
Chief Financial Officer
Option 3,933 $206.66 $812,794
28 Jan 2016
5,647
4 Dec 2015 Kenneth R Possenriede
Chief Financial Officer
Sale 1,860 $218.99 $407,321
4 Dec 2015
0
27 Apr 2015 Kenneth R Possenriede
Chief Financial Officer
Option 5,573 $82.01 $457,042
27 Apr 2015
7,412
30 Jan 2015 Kenneth R Possenriede
Chief Financial Officer
Option 2,155 $188.37 $405,937
30 Jan 2015
2,605
21 Aug 2014 Kenneth R Possenriede
Chief Financial Officer
Sale 3,000 $174.69 $524,070
21 Aug 2014
450
31 Jan 2014 Kenneth R Possenriede
Chief Financial Officer
Option 11,924 $66.73 $795,689
31 Jan 2014
14,158
25 Jul 2013 Kenneth R Possenriede
Chief Financial Officer
Option 27,027 $90.60 $2,448,646
25 Jul 2013
29,221
1 Feb 2013 Kenneth R Possenriede
Chief Financial Officer
Option 1,650 $87.22 $143,913
1 Feb 2013
2,734
10 May 2012 Kenneth R Possenriede
Chief Financial Officer
Option 29,854 $80.01 $2,388,619
10 May 2012
30,889
26 Jan 2012 Kenneth R Possenriede
Chief Financial Officer
Option 1,150 $82.47 $94,841
26 Jan 2012
1,481


Lockheed Martin executives and stock owners

Lockheed Martin executives and other stock owners filed with the SEC include: