L3Harris (NYSE: LHX) grants 5,399 RSUs to HR chief vesting in 2029
Rhea-AI Filing Summary
Rakita Melanie reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies reported that Vice President & CHRO Melanie Rakita received a grant of 5,399 restricted stock units on August 3, 2026. The award has 3-year cliff vesting at fiscal 2029 year-end, subject to continued employment and award terms, and each vested unit will be settled in one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rakita Melanie
Role
Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 5,399 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,399 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: 5,399 units
RSU holdings after transaction: 5,399 units
Conversion price per RSU: $0.00 per unit
+2 more
5 metrics
Restricted stock units granted
5,399 units
Grant of RSUs to Vice President & CHRO on August 3, 2026
RSU holdings after transaction
5,399 units
Total restricted stock units reported as directly held after the grant
Conversion price per RSU
$0.00 per unit
Stated conversion or exercise price for the restricted stock units
Cliff vesting period
3 years
RSUs subject to 3-year cliff vesting ending at fiscal 2029 year-end
Vesting year
Fiscal 2029 year-end
Date at which the 3-year cliff-vesting RSUs are scheduled to vest
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 upon fiscal 2029"
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, subject to continued employment"
contingent right financial
"Each restricted stock unit represents a contingent right to one share of the Issuer's common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did L3Harris (LHX) report for Melanie Rakita?
L3Harris reported that Vice President & CHRO Melanie Rakita received 5,399 restricted stock units on August 3, 2026. The RSUs vest on a 3-year cliff schedule ending at fiscal 2029 year-end, subject to continued employment and the restricted unit award agreement.
What are the vesting terms of Melanie Rakita’s L3Harris (LHX) restricted stock units?
The restricted stock units are subject to 3-year cliff vesting at fiscal 2029 year-end. Vesting requires continued employment, with certain exceptions, and is governed by the terms and conditions of the restricted unit award agreement described in the Form 4 footnote.
What is Melanie Rakita’s reported L3Harris (LHX) RSU balance after this transaction?
Following this grant, Melanie Rakita is reported to hold 5,399 restricted stock units directly. These RSUs are derivative securities that, upon vesting and settlement, will be delivered in shares of L3Harris common stock on a one-for-one basis, according to the filing.
Is the Melanie Rakita L3Harris (LHX) Form 4 transaction tied to a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative, so this grant is not reported as made under a Rule 10b5-1 trading plan. It is characterized as a grant or award of restricted stock units, not an open-market trade.