L3Harris director awarded 149.71 phantom stock units
L3Harris Technologies director Joanna Geraghty reported a routine equity-based compensation change.
Rhea-AI Filing Summary
L3Harris Technologies director Joanna Geraghty reported a routine equity-based compensation change. She acquired 149.71 phantom stock units of common stock at a reference price of $292.93 per share under the company’s 2019 Non-Employee Director Compensation Plan, reflecting her prior election to defer quarterly cash retainers.
After this grant, she holds 5,708.14 phantom stock units tied to L3Harris common stock. The footnotes explain that these phantom units are settled solely in shares of common stock when she separates from board service, and the total includes 17.14 units credited from dividends since her last report.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $1.00 | 149.71 | $292.93 | $44K |
Footnotes (2)
- F1. Represents a credit of phantom stock units under the L3Harris Technologies, Inc. 2019 Non-Employee Director Compensation Plan (the "Plan") pursuant to the reporting person's prior election to defer non-employee director quarterly cash retainers. Phantom stock units are subject to settlement solely in shares of the Issuer's common stock upon the reporting person's separation from service with the Issuer.
- F2. Includes 17.14 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
2019 Non-Employee Director Compensation Plan financial
defer non-employee director quarterly cash retainers financial
dividend credits financial
FAQ
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What insider transaction did L3Harris (LHX) director Joanna Geraghty report?
At what price were Joanna Geraghty’s L3Harris phantom stock units credited?
How many L3Harris phantom stock units does Joanna Geraghty hold after this Form 4?
What are phantom stock units in L3Harris (LHX) director compensation?
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