RTX Corp (NYSE: RTX) awards phantom stock units to director

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

RTX Corp director Leanne G. Caret acquired 1,311.9782 phantom stock units as part of her annual non-employee director compensation. The units were valued at $176.07 each and were granted under the RTX Corporation Board of Directors Deferred Stock Unit Plan.

Under this plan, directors can take a portion or all of their annual fees in deferred stock units instead of cash. Upon retirement or termination, these deferred units convert into an equal number of RTX common shares, paid either in a lump sum or in installments based on the director’s prior election.

After this award, Caret holds a total of 8,736.9353 phantom stock units directly, representing deferred equity compensation rather than an open-market share purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Caret Leanne G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Unit	1,311.978	$176.07	$231K

Holdings After Transaction: Phantom Stock Unit — 8,736.935 shares (Direct, null)

Footnotes (1)

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Key Figures

Phantom stock units granted: 1,311.9782 units Implied unit value: $176.07 per unit Total phantom units after grant: 8,736.9353 units +1 more

4 metrics

Phantom stock units granted 1,311.9782 units Award under Board of Directors Deferred Stock Unit Plan on April 30, 2026

Implied unit value $176.07 per unit Value used for the phantom stock unit award

Total phantom units after grant 8,736.9353 units Director’s phantom stock balance following the reported transaction

Conversion ratio 1 unit = 1 share Deferred stock units convert into an equal number of common shares

Key Terms

Phantom Stock Unit, Deferred Stock Unit Plan, lump-sum, installments

4 terms

Phantom Stock Unit financial

"The reporting person acquired these stock units under the RTX Corporation Board of Directors Deferred Stock Unit Plan"

Deferred Stock Unit Plan financial

"under the RTX Corporation Board of Directors Deferred Stock Unit Plan (the "Plan")"

A deferred stock unit plan grants employees or executives hypothetical share units that convert into actual shares or cash at a future date, often after meeting conditions like continued employment or retirement. It matters to investors because it ties pay to long-term performance and creates a future claim on the company’s stock or cash, which can dilute existing shareholders or signal management’s confidence in future value — like a delayed bonus paid in ownership.

lump-sum financial

"are distributed either in a lump-sum or in installments"

installments financial

"are distributed either in a lump-sum or in installments"

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:08 PM

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^*

Caret Leanne G

(Last)

(First)

(Middle)

1000 WILSON BLVD.

(Street)

ARLINGTON

VIRGINIA

22209

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RTX Corp [ RTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Unit	⁽¹⁾	04/30/2026		A		1,311.9782		⁽¹⁾	⁽¹⁾	Common Stock	1,311.9782	$176.07	8,736.9353	D

Explanation of Responses:

1. 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.

Remarks:

caret-poa_09122025.txt

	/s/ Jennifer Yahl, as Attorney-in-fact	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did RTX (RTX) director Leanne G. Caret report on this Form 4?

Leanne G. Caret reported receiving 1,311.9782 phantom stock units as part of her annual compensation as a non-employee RTX director. These units are deferred equity awards, not open-market share purchases, and increase her total phantom stock holdings under the company’s director plan.

How many RTX (RTX) phantom stock units does Leanne G. Caret hold after this grant?

After the reported grant, Leanne G. Caret holds 8,736.9353 phantom stock units. These units represent deferred board compensation that will later convert into RTX common shares, giving her equity exposure tied to the company’s stock performance over time.

What is the RTX (RTX) Board of Directors Deferred Stock Unit Plan?

The plan allows RTX non-employee directors to receive some or all annual compensation in deferred stock units instead of cash. These units track RTX common stock and later convert 1-for-1 into shares, providing long-term equity-based alignment with shareholder interests for board members.

When do RTX (RTX) phantom stock units convert into common stock for directors?

According to the disclosure, the deferred stock units convert into an equal number of RTX common shares upon a director’s retirement or termination. Distribution then follows the director’s earlier election, either in a single lump-sum payment or through installment payments over time.

Is Leanne G. Caret’s RTX (RTX) phantom stock unit award a market purchase or sale?

The award is classified as a grant or other acquisition of phantom stock units, not an open-market transaction. It reflects compensation under RTX’s director deferred stock unit plan rather than a discretionary stock trade in the public market by the director.