L3Harris (NYSE: LHX) VP Melanie Rakita sells shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L3Harris Technologies Vice President & CHRO Melanie Rakita reported a set of routine equity transactions. On May 1, 2026, she exercised 3,596 Restricted Stock Units, receiving the same number of common shares. Of these, 1,416 shares were withheld to cover tax obligations.
On May 5, 2026, she completed an open‑market sale of 2,180 common shares at $310.45 per share. After these transactions, she directly holds 4,192.49 common shares, including 61.29 shares acquired through the company retirement plan as of April 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,180 shares ($676,781)
Net Sell
4 txns
Insider
Rakita Melanie
Role
Vice President & CHRO
Sold
2,180 shs ($677K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, Par Value $1.00 | 2,180 | $310.45 | $677K |
| Exercise | Restricted Stock Units | 3,596 | $0.00 | -- |
| Exercise | Common Stock, Par Value $1.00 | 3,596 | $0.00 | -- |
| Tax Withholding | Common Stock, Par Value $1.00 | 1,416 | $313.37 | $444K |
Holdings After Transaction:
Common Stock, Par Value $1.00 — 4,192.49 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
- Includes 61.29 shares acquired through the Issuer's retirement plan based on information provided by the plan's administrators as of 4/3/2026. Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock and vested on 5/1/2026.
Key Figures
Open-market sale: 2,180 shares at $310.45
RSUs exercised: 3,596 units
Shares withheld for taxes: 1,416 shares
+2 more
5 metrics
Open-market sale
2,180 shares at $310.45
Common stock sale on May 5, 2026
RSUs exercised
3,596 units
Restricted Stock Units converted to common on May 1, 2026
Shares withheld for taxes
1,416 shares
Tax-withholding disposition on May 1, 2026
Post-transaction holdings
4,192.49 shares
Direct L3Harris common stock after all reported trades
Retirement plan shares
61.29 shares
Held via issuer’s retirement plan as of April 3, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, retirement plan
4 terms
Restricted Stock Units financial
"The security title includes “Restricted Stock Units” for one transaction."
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.
tax-withholding disposition financial
"One transaction action is described as a “tax-withholding disposition”."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Two transactions list the action as “derivative exercise/conversion”."
retirement plan financial
"A footnote notes shares acquired through the issuer's retirement plan."
FAQ
What insider transactions did LHX executive Melanie Rakita report on this Form 4?
Melanie Rakita reported exercising 3,596 Restricted Stock Units into common shares, 1,416 shares withheld for taxes, and an open-market sale of 2,180 L3Harris common shares. These transactions collectively reflect RSU vesting, tax withholding, and partial share disposition.
What happened to Melanie Rakita’s Restricted Stock Units in this LHX Form 4?
3,596 Restricted Stock Units converted into an equal number of L3Harris common shares on May 1, 2026. Each RSU represented a contingent right to one share and vested on that date, reflecting typical equity compensation vesting mechanics for an executive.
Does Melanie Rakita still have unexercised derivatives after these LHX transactions?
The filing’s derivative section shows the 3,596 Restricted Stock Units were fully converted, leaving no remaining position from that specific RSU grant. The derivative summary is otherwise empty, indicating no additional derivative positions are visible in this particular filing.