RTX director granted 1,346 phantom stock units
RTX Corp director Fredric Reynolds received a grant of 1,346.0555 phantom stock units on April 30, 2026 as part of his annual compensation for serving as a non-employee director.
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Rhea-AI Filing Summary
RTX Corp director Fredric Reynolds received a grant of 1,346.0555 phantom stock units on April 30, 2026 as part of his annual compensation for serving as a non-employee director. These units were awarded under the RTX Corporation Board of Directors Deferred Stock Unit Plan.
Under the plan, directors may take a portion or all of their board compensation in deferred stock units instead of cash. When Reynolds retires or his board service ends, his accumulated deferred stock units, totaling 24,799.1017 units after this grant, will be converted into an equal number of RTX common shares and distributed in a lump sum or installments, based on his prior election.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 1,346.0555 | $176.07 | $237K |
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
non-employee director financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RTX (RTX) director Fredric Reynolds report in this Form 4?
How many RTX (RTX) phantom stock units does Fredric Reynolds hold after this grant?
Is the RTX (RTX) Form 4 transaction an open-market stock purchase or sale?
How will Fredric Reynolds’ RTX (RTX) phantom stock units be settled in the future?
What is the purpose of RTX (RTX) Board of Directors Deferred Stock Unit Plan?
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