L3Harris (NYSE: LHX) president converts RSUs, 790 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L3Harris Technologies executive Jon Rambeau exercised restricted stock units and had shares withheld for taxes. On 2/24/2026, 3,034 restricted stock units converted into 3,034 shares of common stock at no exercise price. The same day, 790 shares of common stock at $354.27 per share were disposed of to cover tax obligations related to the award.
After these transactions, Rambeau directly owned 7,660.03 shares of L3Harris common stock, including 0.85 shares acquired through the company’s retirement plan as of 1/2/2026. The RSUs vested on 2/24/2026, triggering the derivative exercise and tax-withholding disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,034 shares exercised/converted
Mixed
3 txns
Insider
RAMBEAU JON
Role
Pres., Coms. & Spec. Dom.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,034 | $0.00 | -- |
| Exercise | Common Stock, Par Value $1.00 | 3,034 | $0.00 | -- |
| Tax Withholding | Common Stock, Par Value $1.00 | 790 | $354.27 | $280K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, Par Value $1.00 — 8,450.03 shares (Direct)
Footnotes (1)
- Includes 0.85 shares acquired through the Issuer's retirement plan based on information provided by the plan's administrators as of 1/2/2026. Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock and vested on 2/24/2026.
FAQ
What insider transactions did L3Harris (LHX) executive Jon Rambeau report?
Jon Rambeau reported an RSU conversion and a tax withholding transaction. On 2/24/2026, 3,034 restricted stock units converted into common shares, and 790 shares were disposed of at $354.27 per share to satisfy tax obligations tied to the equity award.
What does the RSU vesting on 2/24/2026 mean for L3Harris (LHX) executive compensation?
The RSU vesting on 2/24/2026 shows part of Rambeau’s compensation realized in stock. Each unit vested into one common share, aligning his interests with shareholders. The concurrent tax-withholding share disposition reflects routine administration of equity-based compensation rather than a discretionary stock sale.