RTX director granted deferred stock units
RTX Corp director Ellen M. Pawlikowski received 1,260.8622 phantom stock units as part of her annual non-employee director compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,260.8622 | $176.07 | $222K |
Footnotes (1)
- F1. The reporting person acquired these stock units under the RTX Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.
Key Figures
Key Terms
Phantom Stock Unit financial
Deferred Stock Unit Plan financial
deferred stock units financial
lump-sum financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RTX (RTX) director Ellen M. Pawlikowski receive in this Form 4 filing?
How do the phantom stock units granted to the RTX director convert into common stock?
What is the reference price for the RTX phantom stock units granted on this Form 4?
How many deferred stock units does Ellen M. Pawlikowski hold after this RTX grant?
What is the RTX Corporation Board of Directors Deferred Stock Unit Plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.