LHX insider sales: 83,000-share Rule 144 notice follows recent disposals
Rhea-AI Filing Summary
L3Harris Technologies, Inc. (LHX) Rule 144 notice shows a proposed sale of 83,000 common shares through Fidelity Brokerage Services with an aggregate market value of $23,231,539.66, scheduled approximately for 09/12/2025 on the NYSE. The filing states these shares were acquired as an option granted on 02/20/2018 and the intended payment method is cash. The filer also disclosed three prior sales by Christopher E. Kubasik within the past three months: 33,061 shares on 06/12/2025 for $8,214,825.36, 72,000 shares on 07/29/2025 for $19,521,698.40, and 40,138 shares on 08/11/2025 for $10,818,005.80. The notice includes the standard insider representation that no undisclosed material adverse information is known.
Positive
- Filer complied with Rule 144 disclosure requirements by providing acquisition details, broker information, and prior sales.
- Acquisition origin is disclosed (option granted 02/20/2018), allowing traceability of holding period compliance.
Negative
- Planned sale of 83,000 shares with an aggregate market value of $23,231,539.66 on or about 09/12/2025.
- Recent insider sales total 145,199 shares in the past three months with gross proceeds of approximately $38,554,529.56.
- No 10b5-1 plan adoption date disclosed in the form, so the filing does not indicate whether sales follow a pre-established trading plan.
Insights
TL;DR: Insider disclosed planned sale under Rule 144 and recent sales, consistent with standard compliance disclosures.
The filing documents a planned Rule 144 sale of 83,000 shares valued at $23.23 million and records multiple recent insider disposals by Christopher E. Kubasik totaling 145,199 shares in the prior three months for approximately $38.55 million. From a governance perspective, the form meets disclosure requirements by identifying acquisition details (option grant date 02/20/2018), broker routing, and the seller’s attestation. The filing does not state any trading plan adoption date or provide additional context for purpose of sales, leaving only the required factual record for investors and regulators.
TL;DR: Significant insider selling activity is disclosed; this is potentially negative information for investors focused on insider alignment.
The notice shows continued insider liquidation activity: three recent sales of 33,061; 72,000; and 40,138 shares, followed by a proposed sale of 83,000 shares. Aggregate proceeds reported for those three transactions equal about $38.55 million, and the proposed sale is reported at $23.23 million market value. While the filing is compliance-driven and does not indicate issuer performance, the scale and frequency of disposals are material facts investors may view as relevant to insider sentiment and share supply.