L3Harris director granted 661 share units
HACHIGIAN KIRK S reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
HACHIGIAN KIRK S reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies director Kirk S. Hachigian received an equity award rather than buying shares on the market. He was granted 661 shares of common stock as director share units valued at $302.35 per share, which generally vest on May 11, 2027, subject to his continued board service. After this award, he holds 4,805.63 shares directly, plus 4,000 shares held indirectly through a family trust, and his direct holdings include 15.08 phantom stock units accumulated from dividend credits.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $1.00 | 661 | $302.35 | $200K |
| holding | Common Stock Par Value $1.00 | -- | -- | -- |
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.
- F2. Includes 15.08 phantom stock units acquired through dividend credits under the Plan since last reported by the reporting person.
Key Figures
Key Terms
phantom stock units financial
equity-based retainer financial
non-employee director financial
dividend credits financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did L3Harris Technologies (LHX) report for Kirk S. Hachigian?
What are phantom stock units and how do they apply to L3Harris (LHX) director holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.