L3Harris Technologies (NYSE: LHX) awards 17,995 RSUs to missile chief
Rhea-AI Filing Summary
Bedingfield Kenneth L reported acquisition or exercise transactions in this Form 4 filing.
L3Harris Technologies reported that Kenneth L. Bedingfield, President, Missile Solutions, received a grant of 17,995 restricted stock units. These units vest on a 3-year cliff basis upon fiscal 2029 year-end, subject to continued employment, and each represents a contingent right to one share of common stock settled in shares at vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bedingfield Kenneth L
Role
President, Missile Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 17,995 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 17,995 shares (Direct)
Footnotes (1)
- F1. Award of restricted stock units subject to 3-year cliff vesting upon fiscal 2029 year-end, 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
RSUs granted: 17,995 restricted stock units
Total RSUs after grant: 17,995 restricted stock units
Transaction price per unit: $0.0000 per unit
+3 more
6 metrics
RSUs granted
17,995 restricted stock units
Grant to Kenneth L. Bedingfield on 2026-08-03
Total RSUs after grant
17,995 restricted stock units
Direct derivative holdings following the transaction
Transaction price per unit
$0.0000 per unit
Grant of restricted stock units with no cash price
Underlying shares
17,995 shares of common stock
Shares underlying the restricted stock units awarded
Conversion ratio
1 RSU = 1 share of common stock
Each restricted stock unit represents a contingent right to one share
Vesting term
3-year cliff vesting
RSUs vest upon fiscal 2029 year-end, subject to continued employment
Key Terms
Restricted Stock Units, 3-year cliff vesting, contingent right
3 terms
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.
3-year cliff vesting financial
"subject to 3-year cliff vesting upon fiscal 2029 year-end"
contingent right financial
"Each restricted stock unit represents a contingent right to one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did L3Harris Technologies (LHX) report for Kenneth L. Bedingfield?
Kenneth L. Bedingfield received 17,995 restricted stock units from L3Harris Technologies. The RSUs are a stock-based compensation award that will convert into common shares only if they vest under the specified service-based conditions.
How many restricted stock units did L3Harris (LHX) grant in this Form 4?
L3Harris granted 17,995 restricted stock units to executive Kenneth L. Bedingfield. Following this grant, his reported derivative holdings from this award total 17,995 RSUs, each tied to one share of L3Harris common stock upon vesting.
What are the vesting terms of Kenneth Bedingfield’s RSUs at L3Harris (LHX)?
The 17,995 RSUs are subject to 3-year cliff vesting upon fiscal 2029 year-end. Vesting requires continued employment, with certain exceptions, before the units convert into shares of L3Harris common stock.
What does each RSU granted by L3Harris (LHX) to Kenneth Bedingfield represent?
Each RSU represents a contingent right to one share of L3Harris common stock. Once the RSUs vest, they are settled in shares of the company’s common stock rather than in cash.