L3Harris director granted 661-share equity award
L3Harris Technologies director Roger Fradin reported a new equity award and updated holdings.
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
L3Harris Technologies director Roger Fradin reported a new equity award and updated holdings. He received a grant of 661 shares of common stock at $0.00 per share as part of his non-employee director equity-based retainer. These director share units generally vest on May 11, 2027, subject to his continued service and the applicable agreement terms.
After the award, Fradin directly holds 6,889.86 shares of common stock, and indirectly 185 shares through the Fradin Community Trust. His position also includes 15.08 phantom stock units acquired via dividend reinvestment under the director share unit agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $1.00 | 661 | $0.00 | $0.00 |
| 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 reinvestment pursuant to the terms and conditions of the director share unit agreement.
Key Figures
Key Terms
phantom stock units financial
dividend reinvestment financial
equity-based retainer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did L3Harris (LHX) director Roger Fradin report?
What are the phantom stock units mentioned in Roger Fradin’s LHX filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.