RTX Corp (NYSE: RTX) legal chief unloads 13,655 shares
Rhea-AI Filing Summary
RTX Corp (RTX) executive Ramsaran Maharajh, EVP and General Counsel, reported a set of equity transactions on 2026-08-18. He exercised 20,069 Stock Appreciation Rights (SARs)$71.62 per share, receiving an equal number of RTX common shares. In connection with this SAR exercise, 6,414 shares of common stock were disposed of to RTX at $224.07 per share, consistent with the SAR award terms described in the footnotes. He also sold 13,655 shares of common stock at a weighted-average price of $223.9153 per share in market transactions. Following these transactions, he continued to hold 3,994 RTX shares indirectly through a savings plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Maharajh Ramsaran
Role
EVP and General Counsel
Sold
13,655 shs ($3.06M)
Approx. gross sale proceeds
$3.06M
Approx. exercise cost
$1.44M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right F2 | 20,069 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,069 | $71.62 | $1.44M |
| Disposition | Common Stock | 6,414 | $224.07 | $1.44M |
| Sale | Common Stock F1 | 13,655 | $223.9153 | $3.06M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Right — 0 shares (Direct);
Common Stock — 13,184 shares (Direct);
Common Stock — 3,994 shares (Indirect, By Savings Plan Trustee)
Footnotes (2)
- F1. The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $223.86 to $224.09 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request.
- F2. 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
Stock Appreciation Rights Exercised: 20,069 shares
SAR Exercise Price: $71.62 per share
Shares Sold in Market: 13,655 shares
+5 more
8 metrics
Stock Appreciation Rights Exercised
20,069 shares
SARs exercised into common stock on 2026-08-18
SAR Exercise Price
$71.62 per share
Exercise price specified in the SAR award
Shares Sold in Market
13,655 shares
Common stock sale on 2026-08-18
Weighted-Average Sale Price
$223.9153 per share
Market sale price for 13,655 shares, based on multiple trades
Shares Disposed to Issuer
6,414 shares
Common stock disposed to RTX on 2026-08-18
Disposition Price to Issuer
$224.07 per share
Price for shares disposed to RTX in connection with SAR settlement
Indirect Holdings After Transactions
3,994 shares
RTX common stock held indirectly by Savings Plan Trustee
SAR Expiration Date
2029-02-04
Expiration date of the Stock Appreciation Rights exercised
Key Terms
Stock Appreciation Right, weighted average, Section 16 reporting purposes, Savings Plan Trustee
4 terms
Stock Appreciation Right financial
"security_title: Stock Appreciation Right"
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.
weighted average financial
"The reported price is based on a weighted average of multiple same-day"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Section 16 reporting purposes regulatory
"For Section 16 reporting purposes, the exercise of SARs for stock is treated"
Savings Plan Trustee financial
"nature_of_ownership: By Savings Plan Trustee"
FAQ
What did RTX (RTX) EVP and General Counsel Ramsaran Maharajh report in this Form 4?
He exercised 20,069 Stock Appreciation Rights at $71.62 per share, then disposed of 6,414 shares to RTX and sold 13,655 shares at a weighted-average price of $223.9153 per share, while retaining indirect holdings through a savings plan.
What were the terms of the Stock Appreciation Rights exercised by the RTX (RTX) executive?
He exercised 20,069 Stock Appreciation Rights that had an exercise price of $71.62 per share, originally granted with an exercise date of 2022-02-05 and an expiration date of 2029-02-04, and they were settled in RTX common shares under the award terms.
What RTX (RTX) holdings did Maharajh report after these transactions?
He reported 3,994 RTX common shares held indirectly "By Savings Plan Trustee" after the transactions. This entry reflects shares held through a savings plan vehicle, rather than directly in his own name, as indicated by the indirect ownership classification.
Were Maharajh’s RTX (RTX) trades made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not mention any trading plan. Based on this disclosure, these transactions are not affirmatively identified as being carried out under a Rule 10b5-1 pre-arranged plan.
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