L3Harris grants 5,692 RSUs to space systems chief
A senior operating officer at L3Harris received a multi‑year restricted stock unit award that vests in 2029.
Rhea-AI Filing Summary
L3HARRIS TECHNOLOGIES, INC. (symbol: LHX) is the issuer of record for a Form 4 filing submitted to the SEC. Barnes Lauren N. reported acquisition or exercise transactions in this Form 4 filing.
L3HARRIS TECHNOLOGIES, INC. (LHX) reported that officer Lauren N. Barnes, President, Space & Mission Systems, received a grant of 5,692 restricted stock units on September 1, 2026. These RSUs vest in a 3-year cliff on September 1, 2029, subject to continued employment, and will settle in common shares upon vesting.
Positive
- None.
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Insider Trade Summary
Grant/Award: 5,692 shares
Grant/Award
1 txn
Insider
Barnes Lauren N.
Role
Pres., Space & Mission Sys.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 5,692 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,692 contracts (Direct)
Footnotes (1)
- F1. Award of restricted stock units subject to 3-year cliff vesting on 9/1/2029, 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: 5,692 units
RSU holdings after transaction: 5,692 units
Vesting date: September 1, 2029
+2 more
5 metrics
Restricted stock units granted
5,692 units
Grant to Lauren N. Barnes on September 1, 2026
RSU holdings after transaction
5,692 units
Directly held restricted stock units following the grant
Vesting date
September 1, 2029
3-year cliff vesting for the awarded RSUs
Exercise or conversion price
$0.00 per unit
Restricted stock units granted at no cash exercise price
Underlying common shares
5,692 shares
Each RSU represents a contingent right to one share of common stock
Key Terms
Restricted Stock Units, 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.
cliff vesting financial
"restricted stock units subject to 3-year cliff vesting on 9/1/2029"
contingent right financial
"Each restricted stock unit represents a contingent right to one share"
FAQ
What equity award did LHX grant to officer Lauren N. Barnes?
L3Harris granted 5,692 restricted stock units to Lauren N. Barnes, President, Space & Mission Systems, on September 1, 2026, as a compensation-related equity award settling in common shares upon vesting.
When do the new RSUs for LHX officer Lauren N. Barnes vest?
The 5,692 restricted stock units granted to Lauren N. Barnes are subject to 3-year cliff vesting on September 1, 2029, contingent on continued employment with certain exceptions described in the award agreement.
How many LHX RSUs does Lauren N. Barnes hold after this Form 4 transaction?
After this reported transaction, Lauren N. Barnes holds 5,692 restricted stock units directly, each representing a contingent right to receive one share of L3Harris common stock upon vesting.
Does the LHX Form 4 indicate any stock sales by Lauren N. Barnes?
No. The Form 4 reports only an acquisition of 5,692 restricted stock units as a grant or award; it does not report any sales or dispositions of L3Harris securities by Lauren N. Barnes.
AI-generated analysis. How Rhea-AI works. Not financial advice.