L3Harris grants CEO 11,831 options, 3,036 RSUs
L3Harris granted its CEO Samir Mehta new stock options and restricted stock units with multi-year vesting beginning in 2027.
Rhea-AI Filing Summary
L3HARRIS TECHNOLOGIES, INC. (LHX) reported that President and CEO Samir Mehta received new equity awards on September 1, 2026. He was granted 11,831 non-qualified stock options with an exercise price of $263.56 per share, generally vesting ratably on September 1 of 2027, 2028, and 2029 and exercisable until September 1, 2036, subject to continued employment and award terms. He also received 3,036 restricted stock units subject to three-year cliff vesting on September 1, 2029, each unit representing a contingent right to one share of common stock, with vested units settled in shares.
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Insider Trade Summary
Grant/Award: 14,867 shares
Grant/Award
2 txns
Insider
MEHTA SAMIR
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) F1 | 11,831 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2 | 3,036 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 11,831 contracts (Direct);
Restricted Stock Units — 3,036 contracts (Direct)
Footnotes (2)
- F1. Options to purchase shares of common stock generally vest ratably on 9/1/2027, 9/1/2028, and 9/1/2029 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
- F2. 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
Stock options granted: 11,831 options
Stock option exercise price: $263.56 per share
Option expiration date: September 1, 2036
+4 more
7 metrics
Stock options granted
11,831 options
Non-qualified stock options granted to CEO Samir Mehta on September 1, 2026
Stock option exercise price
$263.56 per share
Exercise price for 11,831 non-qualified stock options granted September 1, 2026
Option expiration date
September 1, 2036
Expiration for the 11,831 non-qualified stock options
Restricted stock units granted
3,036 RSUs
Restricted stock units granted to CEO Samir Mehta on September 1, 2026
RSU vesting date (cliff)
September 1, 2029
Three-year cliff vesting date for 3,036 restricted stock units
Options outstanding after grant
11,831 options
Total options from this grant held directly after the transaction
RSUs outstanding after grant
3,036 RSUs
Total restricted stock units from this grant held directly after the transaction
Key Terms
Non-Qualified Stock Option, Restricted Stock Units, cliff vesting, ratably vest
4 terms
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
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
"subject to 3-year cliff vesting on 9/1/2029"
ratably vest financial
"Options to purchase shares of common stock generally vest ratably on 9/1/2027"
FAQ
What equity awards did LHX grant to CEO Samir Mehta on September 1, 2026?
On September 1, 2026, Samir Mehta received 11,831 non-qualified stock options at an exercise price of $263.56 per share and 3,036 restricted stock units, all subject to specified vesting and continued-employment conditions.
What is the vesting schedule for Samir Mehta’s new LHX stock options?
The 11,831 stock options generally vest ratably on September 1, 2027, 2028, and 2029, and remain exercisable, subject to continued employment and award terms, until September 1, 2036.
What is the vesting schedule for the restricted stock units granted by LHX?
The 3,036 restricted stock units are subject to three-year cliff vesting on September 1, 2029, contingent on continued employment and the terms of the restricted stock unit award agreement.
What does each restricted stock unit represent in the LHX grant to Samir Mehta?
Each restricted stock unit represents a contingent right to one share of L3Harris common stock. Vested units are settled in shares of the company’s common stock.
Was a Rule 10b5-1 trading plan involved in Samir Mehta’s LHX equity awards?
No. The filing indicates the Rule 10b5-1 checkbox was not affirmed, and the transactions are reported as grant or award acquisitions rather than trades under a pre-arranged trading plan.
How many options and RSUs does Samir Mehta hold after these LHX grants?
Following these awards, Samir Mehta holds 11,831 stock options and 3,036 restricted stock units from these specific grants, all reported as direct ownership positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
