RTX director granted 2,101 phantom stock units
RTX Corp director Brian C. Rogers received 2,101.4369 phantom stock units as part of his annual compensation for serving as a non-employee director.
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Rhea-AI Filing Summary
RTX Corp director Brian C. Rogers received 2,101.4369 phantom stock units as part of his annual compensation for serving as a non-employee director. These units were granted under the RTX Corporation Board of Directors Deferred Stock Unit Plan and will convert 1-for-1 into common shares upon retirement or termination, at which point they may be paid in a lump sum or installments. Following this award, Rogers holds a total of 38,421.5705 phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 2,101.4369 | $176.07 | $370K |
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
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What did RTX (RTX) director Brian C. Rogers report in this Form 4?
How many RTX (RTX) phantom stock units does Brian C. Rogers hold after this grant?
What is a phantom stock unit in the RTX (RTX) deferred stock plan?
At what price were the RTX (RTX) phantom stock units granted to Brian C. Rogers?
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