RTX (NYSE: RTX) director receives 1,959 phantom stock units as deferred pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RTX Corp director Denise L. Ramos received a grant of 1,959.4479 phantom stock units on April 30, 2026 as part of annual compensation for board service. These units were valued at $176.07 per unit and increased her total phantom stock holdings to 29,290.602 units.
The units were awarded under the RTX Corporation Board of Directors Deferred Stock Unit Plan, which allows non-employee directors to take some or all of their annual fees in deferred stock units. Upon retirement or termination, these units convert into an equal number of RTX common shares, distributed in a lump sum or installments based on the director’s prior election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ramos Denise L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,959.448 | $176.07 | $345K |
Holdings After Transaction:
Phantom Stock Unit — 29,290.602 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 1,959.4479 units
Per-unit reference value: $176.07 per unit
Total phantom units after grant: 29,290.602 units
3 metrics
Phantom stock units granted
1,959.4479 units
Grant on April 30, 2026 as director compensation
Per-unit reference value
$176.07 per unit
Phantom stock unit grant value
Total phantom units after grant
29,290.602 units
Holdings following the April 30, 2026 award
Key Terms
Phantom Stock Unit, Deferred Stock Unit Plan, deferred stock units, lump-sum or in installments
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 or in installments financial
"distributed either in a lump-sum or in installments."