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L3Harris (LHX) director Edward Rice awarded 661 deferred director share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

L3Harris Technologies director Edward A. Rice Jr. received an equity award of 661 director share units of common stock on May 11, 2026. These units generally vest on May 11, 2027, subject to his continued board service and the terms of the director share unit agreement.

Mr. Rice has previously elected to defer these units, so they will be settled in shares of common stock when he separates from service with the company. After this award, he directly holds a total of 3,516.79 shares/units, which includes 31.12 phantom stock units acquired through dividend credits since his last report. This is a compensation-related grant, not an open-market purchase.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grant deferred until service ends.

The filing shows non-employee director Edward A. Rice Jr. receiving 661 director share units as part of his equity-based retainer. The award vests in 2027, contingent on continued board service, making it a standard long-term incentive structure.

Because Mr. Rice elected to defer settlement until separation from service, this grant increases his future equity exposure without any current cash transaction. The filing also notes 31.12 phantom stock units from dividend credits, underscoring that his position grows automatically with dividends rather than active buying.

As this is a compensation award, not an open-market purchase or sale, it carries limited signaling value about his view of L3Harris Technologies stock. Subsequent filings will update vesting or additional dividend-related units as they accrue under the same plan terms.

Insider Rice Edward A Jr
Role null
Type Security Shares Price Value
Grant/Award Common Stock, Par Value $1.00 661 $0.00 --
Holdings After Transaction: Common Stock, Par Value $1.00 — 3,516.79 shares (Direct, null)
Footnotes (1)
  1. 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. Includes 31.12 phantom stock units acquired through dividend credits since last reported by the reporting person.
Director share units granted 661 units Equity-based retainer awarded on May 11, 2026
Total holdings after award 3,516.79 shares/units Direct ownership following the reported transaction
Phantom stock units from dividends 31.12 units Accrued through dividend credits since last report
Transaction price per unit $0.00 per unit Compensation grant, no cash paid by director
Vesting date May 11, 2027 Director share units generally vest on this date
director share units financial
"Represents an award of director share units in respect of the non-employee director's equity-based retainer"
equity-based retainer financial
"director share units in respect of the non-employee director's equity-based retainer, which generally will vest"
phantom stock units financial
"Includes 31.12 phantom stock units acquired through dividend credits since last reported by the reporting person"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
dividend credits financial
"phantom stock units acquired through dividend credits since last reported by the reporting person"
vest financial
"which generally will vest on May 11, 2027, subject to the non-employee director's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rice Edward A Jr

(Last)(First)(Middle)
C/O L3HARRIS TECHNOLOGIES, INC.
1025 W. NASA BOULEVARD

(Street)
MELBOURNE FLORIDA 32919

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
L3HARRIS TECHNOLOGIES, INC. /DE/ [ LHX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, Par Value $1.0005/11/2026A661(1)A$03,516.79(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes 31.12 phantom stock units acquired through dividend credits since last reported by the reporting person.
Remarks:
Exhibit List: Exhibit 24- Power of Attorney
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Edward A. Rice, Jr.05/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did L3Harris Technologies (LHX) director Edward Rice report on this Form 4?

Edward A. Rice Jr. reported receiving 661 director share units of L3Harris common stock as part of his equity-based retainer. The units vest in May 2027, increasing his future equity exposure without any open-market buying or selling activity.

Is Edward Rice buying or selling L3Harris (LHX) stock in this filing?

No open-market trade occurred. The Form 4 shows a grant of 661 director share units as equity compensation, not a purchase or sale. This award vests over time and will be settled in shares when Mr. Rice leaves board service.

When do Edward Rice’s new L3Harris director share units vest?

The 661 director share units generally vest on May 11, 2027, assuming Edward A. Rice Jr. continues serving as a non-employee director. Vesting is also subject to the specific terms and conditions of the director share unit agreement governing the award.

How will Edward Rice’s L3Harris director share units be settled?

Settlement will occur in shares of L3Harris common stock after Edward A. Rice Jr. separates from service. He previously elected to defer settlement, so the units accumulate until his board tenure ends rather than converting to shares immediately upon vesting.

What are the phantom stock units mentioned in Edward Rice’s L3Harris Form 4?

The filing notes 31.12 phantom stock units acquired through dividend credits since his last report. These units mirror the value of common stock and grow when dividends are paid, increasing his reported holdings without direct share purchases on the open market.

How many L3Harris shares or units does Edward Rice hold after this transaction?

After the grant, Edward A. Rice Jr. directly holds a total of 3,516.79 shares and units linked to L3Harris common stock. This figure includes the newly awarded 661 director share units and 31.12 phantom stock units from accumulated dividend credits.