L3Harris director awarded 661 share units
Regnery David S reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Regnery David S reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies director David S. Regnery received an equity award rather than buying shares on the market. He was granted 661 director share units of common stock as part of his non-employee director equity-based retainer, bringing his direct holdings to 2,672.67 shares.
The director share units generally vest on May 11, 2027, contingent on his continued service and the terms of the director share unit agreement. Under a prior deferral election, these units will be settled in shares of common stock only when he separates from service with L3Harris.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $1.00 | 661 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of director share units in respect of the non-employee director's equity-based retainer, which generally will vest on May 11, 2027, subject to the non-employee director's continued service and the terms and conditions of the director share unit agreement. Pursuant to a prior election to defer such units upon vesting, such units will be settled in shares of common of stock upon the reporting person's separation from service with the Issuer.
Key Figures
Key Terms
equity-based retainer financial
vest financial
separation from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did L3Harris (LHX) director David Regnery report in this Form 4?
Is the L3Harris (LHX) Form 4 transaction a stock purchase or a compensation grant?
What does transaction code A mean in the L3Harris (LHX) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.