[Form 4] RTX Corporation Insider Trading Activity

Rhea-AI Filing Summary

Eddy Shane G, identified as a director and President, P&W of RTX Corporation (RTX), reported multiple transactions on 08/27/2025. He exercised Stock Appreciation Rights (SARs) that were settled in shares: 25,297 SARs at a $76 exercise price, 12,594 SARs at $71.62 and 11,917 SARs at $82.35, producing the underlying common shares. Simultaneously, 25,968 shares were sold on the same date at a weighted-average price of $159.7886 per share. After these transactions the report shows 0.0000 shares directly beneficially owned and 178 shares held indirectly by a savings plan trustee. The Form 4 was signed by an attorney-in-fact on 08/28/2025.

Positive

• None.

Negative

• Direct beneficial ownership reduced to 0.0000 shares following the reported transactions

Insights

Securities Analyst

TL;DR: Insider exercised SARs for stock and completed a same-day sale, leaving no direct beneficial ownership while retaining a small indirect holding.

The filing documents the exercise-for-stock settlement of multiple Stock Appreciation Rights on 08/27/2025, producing shares at exercise prices of $76.00, $71.62 and $82.35 per SAR. The filer then sold 25,968 shares on the same day at a reported weighted-average price of $159.7886. The resulting position reported is 0.0000 shares directly beneficially owned with 178 shares held indirectly via a savings plan trustee. For investors, this is a routine Section 16 disclosure of compensation-related equity settlement and an associated disposition; the filing itself contains no commentary on rationale or company performance.

Corporate Governance Expert

TL;DR: Disclosure is complete for the transactions shown; transactions appear to be SAR settlements with an immediate partial sale back to the issuer.

The explanatory note states the SARs were settled in shares and, for Section 16 purposes, treated as an exempt acquisition with a simultaneous sale back of shares equal in value to the exercise price times SARs exercised. The Form 4 identifies the reporting person as an officer and director and is signed by an attorney-in-fact. This filing meets standard insider-reporting requirements and provides the SEC-available breakdown of prices underpinning the reported weighted-average sale price.

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

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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^*

Eddy Shane G

(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, P&W

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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
Common Stock	08/27/2025		M		25,297(1)	A	$76	25,297	D
Common Stock	08/27/2025		M		12,594(1)	A	$71.62	37,891	D
Common Stock	08/27/2025		M		11,917(1)	A	$82.35	49,808	D
Common Stock	08/27/2025		D		23,840	D	$159.64	25,968	D
Common Stock	08/27/2025		S		25,968	D	$159.7886(2)	0.0000	D
Common Stock								178	I	By Savings Plan Trustee

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	$76	08/27/2025		M			25,297	01/02/2021	01/01/2028	Common Stock	25,297	$0.0000	0.0000	D
Stock Appreciation Right	$82.35	08/27/2025		M			11,917	01/03/2020	01/02/2027	Common Stock	11,917	$0.0000	0.0000	D
Stock Appreciation Right	$71.62	08/27/2025		M			12,594	02/05/2022	02/04/2029	Common Stock	12,594	$0.0000	38,000	D

Explanation of Responses:

1. 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.

2. The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $159.59 to $159.97 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.

	/s/ Jennifer Yahl, as Attorney-in-fact	08/28/2025
	** 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 transactions did Eddy Shane G report on Form 4 for RTX (RTX)?

He exercised SARs settled in shares (25,297 at $76; 12,594 at $71.62; 11,917 at $82.35) and sold 25,968 shares on 08/27/2025.

What price was received for the shares sold by the reporting person?

The reported weighted-average sale price for the 25,968 shares was $159.7886 per share, with same-day trade prices ranging $159.59 to $159.97.

How many RTX shares does the reporting person beneficially own after these transactions?

Direct beneficial ownership is reported as 0.0000 shares; 178 shares are reported as indirectly owned via the savings plan trustee.

When were these transactions executed and when was the Form 4 signed?

Transactions occurred on 08/27/2025 and the Form 4 was signed by an attorney-in-fact on 08/28/2025.

Why does the filing mention a simultaneous sale when SARs were exercised?

The filing explains that for Section 16 reporting the SAR exercise is treated as an exempt acquisition and a simultaneous sale back of shares equal in value to the number of SARs times the exercise price.