BURRITT DAVID B

The company totals show why the distinction matters. X has 171 transactions, 66,572 buy shares and 3,933,863 sell shares. LMT has 94 transactions, 0 buy shares and 19,185 sell shares. That cross-issuer contrast means the headline count of 354 transactions can exaggerate intent unless awards, exercises, purchases, and sales are separated.

The sharp read is that transaction volume is mostly equity-plan plumbing, not a clean discretionary buy or sell campaign. Recent entries coded as A, D should not be treated as interchangeable: a sale, an open-market purchase, and an award all say different things about share flow. The notable pattern here is the way X compares with LMT inside the same reporter record.