L3Harris (NYSE: LHX) awards 17,995 RSUs to segment president
Rhea-AI Filing Summary
MEHTA SAMIR reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies executive Samir Mehta, President, S&MS and C&SD, received a grant of 17,995 restricted stock units on August 3, 2026. These units are subject to 3-year cliff vesting at fiscal 2029 year-end, contingent on continued employment, and each vested unit will be settled in one share of common stock, leaving him with 17,995 RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEHTA SAMIR
Role
President, S&MS and C&SD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 17,995 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 17,995 shares (Direct)
Footnotes (1)
- F1. Award of restricted stock units subject to 3-year cliff vesting upon fiscal 2029 year-end, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to one share of the Issuer's common stock, with vested units settled in shares of the Issuer's common stock.
Key Figures
Restricted stock units granted: 17,995 units
Grant price per unit: $0.0000 per unit
Underlying common shares: 17,995 shares
+2 more
5 metrics
Restricted stock units granted
17,995 units
Grant to Samir Mehta on August 3, 2026
Grant price per unit
$0.0000 per unit
Reported transaction price for RSU award
Underlying common shares
17,995 shares
Each RSU represents a contingent right to one share
Vesting schedule
3-year cliff vesting at fiscal 2029 year-end
RSUs vest in full at fiscal 2029 year-end
RSUs held after transaction
17,995 units
Total restricted stock units directly owned after grant
Key Terms
Restricted Stock Units, 3-year cliff vesting, contingent right
3 terms
Restricted Stock Units financial
"Award of restricted stock units subject to 3-year cliff vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
3-year cliff vesting financial
"subject to 3-year cliff vesting upon fiscal 2029 year-end"
contingent right financial
"Each restricted stock unit represents a contingent right to one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did L3Harris Technologies (LHX) report for Samir Mehta?
L3Harris Technologies reported that Samir Mehta, President, S&MS and C&SD, received a grant of 17,995 restricted stock units. The award consists of RSUs that will be settled in L3Harris common stock when they vest, reflecting stock-based executive compensation.
How many restricted stock units were granted to Samir Mehta in the latest LHX Form 4?
Samir Mehta was granted 17,995 restricted stock units. Each RSU represents a contingent right to receive one share of L3Harris common stock, so the grant corresponds to up to 17,995 shares upon vesting and settlement, subject to the award’s conditions.
When do Samir Mehta’s new L3Harris (LHX) restricted stock units vest?
The restricted stock units are subject to 3-year cliff vesting at fiscal 2029 year-end. No portion vests before that date, and vesting requires that employment conditions and other terms in the restricted unit award agreement are satisfied.
What conditions apply to the 17,995 LHX restricted stock units granted to Samir Mehta?
The 17,995 RSUs are subject to cliff vesting at fiscal 2029 year-end and require continued employment, with certain exceptions described in the award agreement. Only vested units will be settled in L3Harris common shares according to the agreement’s terms and conditions.
How will Samir Mehta’s restricted stock units in L3Harris (LHX) be settled?
Each restricted stock unit represents a contingent right to one share of L3Harris common stock. Once the units vest at fiscal 2029 year-end under the award’s conditions, the vested RSUs will be settled in shares of the company’s common stock.
What is Samir Mehta’s reported RSU position in L3Harris (LHX) after this grant?
Following this grant, Samir Mehta is reported to hold 17,995 restricted stock units directly. These RSUs are derivative equity awards that may convert into the same number of L3Harris common shares upon vesting and settlement, assuming all conditions are met.