L3Harris (LHX) director Harris granted 661 deferred share units as equity retainer
Rhea-AI Filing Summary
Harris Harry B. Jr reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies director Harry B. Harris Jr. received an equity grant of 661 director share units of common stock on May 11, 2026 as part of his non-employee director equity-based retainer. The award was granted at a price of $0.00 per share, reflecting compensation rather than a market purchase.
The director share units generally vest on May 11, 2027, subject to his continued board service and the terms of the director share unit agreement. After this grant, Harris holds a total of 4,411.6 shares of L3Harris common stock in direct ownership, including 46.07 phantom stock units accumulated through dividend credits since his last report. Upon his separation from service, the deferred units will be settled in shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $1.00 | 661 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 46.07 phantom stock units acquired through dividend credits since last reported by the reporting person.
Key Figures
Key Terms
equity-based retainer financial
phantom stock units financial
dividend credits financial
separation from service financial
FAQ
What did L3Harris (LHX) director Harry B. Harris Jr. report in this Form 4?
What are the 46.07 phantom stock units mentioned in Harry B. Harris Jr.’s L3Harris filing?
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