L3Harris (LHX) VP & CHRO converts RSUs and withholds 83 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L3Harris Technologies vice president and CHRO Melanie Rakita reported equity transactions tied to restricted stock units that vested on 2/24/2026. She exercised 340 restricted stock units, each converting into one share of common stock at $0.00 per share.
On the same date, 340 shares of common stock were acquired through this derivative exercise, and 83 shares of common stock were disposed of at $354.27 per share to cover tax obligations. After these transactions, she directly owned 6,509.2 shares of L3Harris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
340 shares exercised/converted
Mixed
3 txns
Insider
Rakita Melanie
Role
Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 340 | $0.00 | -- |
| Exercise | Common Stock, Par Value $1.00 | 340 | $0.00 | -- |
| Tax Withholding | Common Stock, Par Value $1.00 | 83 | $354.27 | $29K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, Par Value $1.00 — 6,592.2 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did L3Harris (LHX) executive Melanie Rakita report?
L3Harris executive Melanie Rakita reported equity transactions from vested restricted stock units. She exercised 340 RSUs into common shares and then disposed of 83 shares to satisfy tax obligations related to the vesting and share delivery.
How many L3Harris (LHX) restricted stock units did Melanie Rakita exercise?
Melanie Rakita exercised 340 restricted stock units, each converting into one share of L3Harris common stock. The RSUs vested on 2/24/2026, and the exercise price per share was reported as $0.00, reflecting a standard stock-settled award.
What type of Form 4 transaction codes appeared in the L3Harris (LHX) filing?
The Form 4 shows an M code for exercise or conversion of derivative securities and an F code for tax-withholding disposition. The M code applied to RSU conversion and related share acquisition, while F reflected shares withheld to meet tax obligations.
What role does Melanie Rakita hold at L3Harris (LHX) in this Form 4?
In the Form 4, Melanie Rakita is identified as an officer of L3Harris, serving as Vice President & Chief Human Resources Officer (CHRO). The transactions reported relate to her equity compensation in that executive capacity at the company.