RTX Corp executive exercises SARs and sells stock
Troy D. Brunk, President of Collins Aerospace at RTX Corp, exercised 12,600 Stock Appreciation Rights into 12,600 shares of common stock at an exercise price of $97.65 per share on July 24, 2026.
Rhea-AI Filing Summary
Troy D. Brunk, President of Collins Aerospace at RTX Corp, exercised 12,600 Stock Appreciation Rights into 12,600 shares of common stock at an exercise price of $97.65 per share on July 24, 2026. He then sold 1,811 and 6,746 common shares at per-share prices of about $210.17–$210.65 and disposed of 5,854 shares to the issuer. Following these transactions, he reported 2,715 shares held indirectly through a savings plan trustee. A footnote explains that the SARs were settled in shares and, for Section 16 purposes, are treated as an exempt acquisition with a simultaneous sale back to the issuer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Brunk Troy D
Role
President, Collins Aerospace
Sold
8,557 shs ($1.80M)
Approx. gross sale proceeds
$1.80M
Approx. exercise cost
$1.23M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right F1 | 12,600 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,600 | $97.65 | $1.23M |
| Sale | Common Stock | 1,811 | $210.645 | $381K |
| Disposition | Common Stock | 5,854 | $210.17 | $1.23M |
| Sale | Common Stock | 6,746 | $210.20 | $1.42M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Right — 0 contracts (Direct);
Common Stock — 8,809.1118 shares (Direct);
Common Stock — 2,715 shares (Indirect, By Savings Plan Trustee)
Footnotes (1)
- F1. The Stock Appreciation Rights (SARs) were settled in shares in accordance with the terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.
Key Figures
SARs Exercised: 12,600 Stock Appreciation Rights
Exercise Price: $97.65 per share
Shares Sold: 1,811 shares at $210.6450
+5 more
8 metrics
SARs Exercised
12,600 Stock Appreciation Rights
Exercised into common stock on 2026-07-24
Exercise Price
$97.65 per share
Exercise price of Stock Appreciation Rights
Shares Sold
1,811 shares at $210.6450
Sale of common stock on 2026-07-24
Additional Shares Sold
6,746 shares at $210.2000
Second sale of common stock on 2026-07-24
Shares Disposed to Issuer
5,854 shares at $210.1700
Disposition of common stock to issuer on 2026-07-24
Net Shares Sold
8,557 shares
Net sell shares from transaction summary
Indirect Holdings
2,715 shares
Common stock held indirectly by Savings Plan Trustee after transactions
SAR Expiration Date
2033-02-07
Expiration date of the Stock Appreciation Rights grant
Key Terms
Stock Appreciation Right, Section 16 reporting, Disposition to issuer, Savings Plan Trustee
4 terms
Stock Appreciation Right financial
"The Stock Appreciation Rights (SARs) were settled in shares in accordance"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Section 16 reporting regulatory
"For Section 16 reporting purposes, the exercise of SARs for stock is treated"
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Savings Plan Trustee financial
"nature_of_ownership": "By Savings Plan Trustee""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RTX (RTX) executive Troy D. Brunk report in this Form 4?
Troy D. Brunk reported exercising 12,600 Stock Appreciation Rights for 12,600 RTX common shares at $97.65 per share and subsequent disposals of common stock, including market sales and a disposition to the issuer, plus updated indirect holdings via a savings plan.
How many RTX (RTX) Stock Appreciation Rights did Troy D. Brunk exercise?
He exercised 12,600 Stock Appreciation Rights (SARs), converting them into 12,600 shares of RTX common stock at an exercise price of $97.65 per share. The SARs were settled in shares according to the award’s terms, as described in the Form 4 footnote.
What does the Form 4 footnote say about RTX (RTX) SAR exercises?
The footnote explains that the SARs were settled in shares and, for Section 16 reporting, the exercise is treated as an exempt acquisition of the underlying shares and a simultaneous sale back to the issuer of shares equal in value to the SARs’ exercise price product.
Were Troy D. Brunk’s RTX (RTX) transactions under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), and the footnote does not state that the transactions were made under a Rule 10b5-1 or other pre-arranged trading plan, based on the provided data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
