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RTX (RTX) Raytheon president awarded SARs and 14,505 performance share units

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RTX Corp President, Raytheon, Philip J. Jasper reported an equity compensation grant. On February 11, 2026, he acquired 30,200 stock appreciation rights (SARs) with an exercise price of $196.51 per share, expiring between February 11, 2029 and February 10, 2036, all held directly.

The filing also notes an additional award of 14,505 performance share units (PSUs) under the RTX Long-Term Incentive Plan. Each PSU is tied to one share of RTX common stock and vests only if pre-set three-year performance goals are met for return on invested capital, earnings per share growth, and relative total shareholder return.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
JASPER PHILIP J

(Last) (First) (Middle)
1000 WILSON BLVD.

(Street)
ARLINGTON VA 22209

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RTX Corp [ RTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Raytheon
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $196.51 02/11/2026 A 30,200 02/11/2029 02/10/2036 Common Stock 30,200 $196.51 30,200(1) D
Explanation of Responses:
1. This number reflects only stock appreciation rights (SARs) with these specific grant details and does not include other SARs. In addition to the SARs and not included in this number, the reporting person was also awarded 14,505 performance share units (PSUs) under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's return on invested capital, earnings per share growth and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period.
/s/ Jennifer Yahl, as Attorney-in-fact 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did RTX (RTX) report for Philip J. Jasper?

RTX reported that Philip J. Jasper received a grant of 30,200 stock appreciation rights on February 11, 2026. These rights have an exercise price of $196.51 and are held directly as part of his equity compensation as President of Raytheon.

What are the key terms of Philip J. Jasper’s stock appreciation rights at RTX (RTX)?

Philip J. Jasper was granted 30,200 stock appreciation rights with an exercise price of $196.51 per share. The SARs become exercisable on February 11, 2029 and expire on February 10, 2036, providing long-dated derivative exposure to RTX common stock.

What additional equity award did Philip J. Jasper receive from RTX (RTX)?

In addition to stock appreciation rights, Philip J. Jasper was awarded 14,505 performance share units under the RTX Long-Term Incentive Plan. Each PSU is equivalent to one RTX share and vests only if specified three-year performance goals are achieved.

What performance metrics determine vesting of RTX (RTX) performance share units?

The performance share units vest solely upon achieving pre-established goals for return on invested capital, earnings per share growth, and total shareholder return. These metrics are measured relative to the S&P 500 and aerospace and defense peers over a three-year performance period.

Does the RTX (RTX) Form 4 show a stock sale by Philip J. Jasper?

The Form 4 reports an acquisition of 30,200 stock appreciation rights as a grant, not an open-market stock sale. It describes a compensation award and related performance share units rather than any disposition of RTX common stock by Jasper.
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Aerospace & Defense
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United States
ARLINGTON