L3Harris (LHX) exec Mehta converts 3,034 RSUs, disposes 1,194 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L3Harris Technologies executive Samir Mehta exercised 3,034 restricted stock units on February 24, 2026, receiving the same number of common shares at $0 per share as part of equity compensation. On the same date, 1,194 common shares at $354.27 per share were disposed of to satisfy tax withholding obligations, a non–open-market transaction, leaving Mehta with 7,756.07 directly held common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,034 shares exercised/converted
Mixed
3 txns
Insider
MEHTA SAMIR
Role
Pres., Space & Mission Sys.
| 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 | 1,194 | $354.27 | $423K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, Par Value $1.00 — 8,950.07 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did L3Harris (LHX) executive Samir Mehta report?
Samir Mehta reported the vesting and exercise of 3,034 restricted stock units into common shares. This equity award conversion reflects compensation, not an open-market purchase, and is a common way senior executives receive part of their pay in stock.
What do the restricted stock units in Samir Mehta’s L3Harris (LHX) filing represent?
Each restricted stock unit represented a contingent right to receive one L3Harris common share. According to the filing, these RSUs vested on February 24, 2026, and were then converted into an equal number of common shares as part of Mehta’s equity compensation.
Was Samir Mehta’s L3Harris (LHX) Form 4 a buy or sell transaction?
The filing shows a mix of actions: RSUs converting into 3,034 common shares and a separate disposition of 1,194 shares for tax withholding. It reflects equity compensation mechanics, not a traditional open-market buy or sell decision by the executive.