RTX executive granted 20,860 RSUs in equity award
JASPER PHILIP J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
JASPER PHILIP J reported acquisition or exercise transactions in this Form 4 filing.
RTX Corp reported that Philip J. Jasper, President of Raytheon, received a grant of 20,860 Restricted Stock Units (RSUs) tied to RTX common stock. Each RSU, including any dividend equivalents during the vesting period, represents the right to receive one RTX share. After this compensation-related award, Jasper holds 33,637 RSUs directly, which vest on the third anniversary of the grant date.
Positive
- None.
Negative
- None.
Insights
Routine equity grant increases Jasper’s RTX-linked compensation stake.
This filing shows Philip J. Jasper receiving 20,860 RSUs as a grant, with no cash price per unit. RSU awards are a standard form of long-term incentive, aligning executive pay with future stock performance.
The RSUs vest on the third anniversary of the grant, and each unit can settle into one share of RTX common stock, including accrued dividend equivalents. Following this award, Jasper directly holds 33,637 RSUs, indicating a growing equity-based component in his compensation package.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,860 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of RTX Common Stock. These RSUs vest on the third anniversary of the date of grant.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalents financial
vesting period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RTX (RTX) executive Philip J. Jasper report in this Form 4?
How many Restricted Stock Units did RTX grant to Philip J. Jasper?
When do Philip J. Jasper’s new RTX Restricted Stock Units vest?
How many RTX Restricted Stock Units does Philip J. Jasper hold after this grant?
Does this RTX Form 4 show any stock sales or purchases by Philip J. Jasper?
AI-generated analysis. How Rhea-AI works. Not financial advice.