RTX Corp (RTX) director receives deferred phantom stock unit award
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROGERS BRIAN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 2,101.437 | $176.07 | $370K |
Holdings After Transaction:
Phantom Stock Unit — 38,421.571 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 2,101.4369 units
Grant valuation per unit: $176.0700 per unit
Total phantom units after grant: 38,421.5705 units
+2 more
5 metrics
Phantom stock units granted
2,101.4369 units
Grant under Board of Directors Deferred Stock Unit Plan on 2026-04-30
Grant valuation per unit
$176.0700 per unit
Reference price for 2,101.4369 phantom stock units
Total phantom units after grant
38,421.5705 units
Brian C. Rogers’ phantom stock unit balance following the award
Conversion price
$0.0000
Exercise/conversion price for phantom units into RTX common stock
Underlying common stock units
2,101.4369 shares
Number of RTX common shares underlying this phantom unit grant
Key Terms
Phantom Stock Unit, Deferred Stock Unit Plan, deferred stock units, lump-sum
4 terms
Phantom Stock Unit financial
"security_title: "Phantom Stock Unit""
Deferred Stock Unit Plan financial
"under the RTX Corporation Board of Directors Deferred Stock Unit Plan"
deferred stock units financial
"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 Brian C. Rogers report in this Form 4?
Brian C. Rogers reported receiving 2,101.4369 phantom stock units as part of his annual compensation for serving as a non-employee director. These units are granted under RTX’s Board of Directors Deferred Stock Unit Plan and track the value of RTX common stock over time.
How many RTX (RTX) phantom stock units does Brian C. Rogers hold after this grant?
After this grant, Brian C. Rogers holds 38,421.5705 phantom stock units. These units represent deferred compensation linked to RTX common stock and will convert into an equal number of RTX common shares when his board service ends, subject to the plan’s distribution rules.
What is a phantom stock unit in the RTX (RTX) deferred stock plan?
A phantom stock unit is a bookkeeping unit that mirrors RTX common stock value. Under the Board of Directors Deferred Stock Unit Plan, directors receive these units instead of immediate cash, with conversion into actual RTX shares occurring after retirement or termination of board service.
At what price were the RTX (RTX) phantom stock units granted to Brian C. Rogers?
The 2,101.4369 phantom stock units were valued at $176.0700 per unit. This valuation reflects the reference price used for the award, while the units themselves carry a conversion price of $0.0000 when exchanged for RTX common stock under the plan terms.