RTX (RTX) director receives 1,261 phantom stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RTX Corp director Ellen M. Pawlikowski received 1,260.8622 phantom stock units as part of her annual non-employee director compensation. These units were awarded under the RTX Board of Directors Deferred Stock Unit Plan at a reference price of $176.07 per unit, bringing her deferred balance to 16,792.0021 units. Upon retirement or termination, these deferred stock units convert into an equal number of RTX common shares, distributed either in a lump sum or installments based on her prior election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pawlikowski Ellen M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,260.862 | $176.07 | $222K |
Holdings After Transaction:
Phantom Stock Unit — 16,792.002 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 1,260.8622 units
Reference price per unit: $176.07 per unit
Deferred units after grant: 16,792.0021 units
+2 more
5 metrics
Phantom stock units granted
1,260.8622 units
Grant on 2026-04-30 as director compensation
Reference price per unit
$176.07 per unit
Value used for the phantom stock unit grant
Deferred units after grant
16,792.0021 units
Total phantom stock units following the transaction
Conversion ratio
1 unit : 1 share
Units convert into an equal number of common shares
Exercise price
$0.00
Conversion or exercise price for the phantom stock units
Key Terms
Phantom Stock Unit, Deferred Stock Unit Plan, deferred stock units, lump-sum
4 terms
Phantom Stock Unit financial
"The reporting person acquired these stock units under the RTX Corporation Board of Directors Deferred Stock Unit Plan"
Deferred Stock Unit Plan financial
"under the RTX Corporation Board of Directors Deferred Stock Unit Plan (the "Plan")"
deferred stock units financial
"The Plan provides for payment of a portion or all of the annual compensation in deferred stock units."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
lump-sum financial
"distributed either in a lump-sum or in installments."
FAQ
What did RTX (RTX) director Ellen M. Pawlikowski receive in this Form 4 filing?
Ellen M. Pawlikowski received 1,260.8622 phantom stock units as annual compensation for serving as a non-employee director. These units are granted under RTX’s Board Deferred Stock Unit Plan and track RTX common stock value for future conversion into actual shares.
How do the phantom stock units granted to the RTX director convert into common stock?
The phantom stock units convert into an equal number of RTX common shares when the director retires or terminates service. At a prior election, the director chooses whether shares are distributed as a single lump-sum payment or in installments over time.
What is the reference price for the RTX phantom stock units granted on this Form 4?
The phantom stock units were awarded at a reference price of $176.07 per unit. This price is used for valuing the grant under the compensation plan, while the units themselves track the value of RTX common stock until they are converted into actual shares.
How many deferred stock units does Ellen M. Pawlikowski hold after this RTX grant?
Following the grant of 1,260.8622 phantom stock units, Ellen M. Pawlikowski holds a total of 16,792.0021 deferred stock units. All of these units are payable in an equivalent number of RTX common shares upon her retirement or termination from the board.
What is the RTX Corporation Board of Directors Deferred Stock Unit Plan?
The RTX Board Deferred Stock Unit Plan allows non-employee directors to receive part or all of annual compensation in deferred stock units. These units mirror RTX common stock and convert, after board service ends, into the same number of shares, which are then distributed in lump-sum or installments.