L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K

What Happened

• On February 4, 2026 (reported in an 8-K filed Feb 6, 2026), L3Harris CEO Christopher Kubasik established a written pre‑arranged plan under SEC Rule 10b5‑1 to sell company stock.
• The Plan covers vested options to purchase up to 129,501 shares (granted in 2019, expiring in 2029) and 60,000 shares of common stock — a total of up to 189,501 shares. Sales are scheduled on predetermined dates beginning in May 2026 and will end no later than October 30, 2026, and are subject to minimum price thresholds specified in the Plan. Mr. Kubasik will have no discretion over sales under the Plan.

Key Details

• Plan adoption date: February 4, 2026; 8‑K filed February 6, 2026.
• Shares covered: 129,501 vested options (2019 grants, expire 2029) + 60,000 common shares = 189,501 total.
• Sale window: scheduled dates from May 2026 through October 30, 2026; subject to minimum price thresholds.
• Disclosures: individual transactions under the Plan will be reported via Form 4 and Form 144 as required. The company noted Mr. Kubasik’s ownership remains considerably above the company’s stock ownership guidelines.

Why It Matters

• For investors, this is a planned, pre‑arranged sale by the CEO using a Rule 10b5‑1 program, which is a common way for insiders to sell shares without trading on inside information.
• The filing provides transparency on the timing and size of potential insider sales (up to 189,501 shares) and signals routine liquidity activity rather than an unscheduled or discretionary sale by the CEO.
• Watch for subsequent Form 4/Form 144 filings showing actual sale amounts, prices, and dates if you track insider activity.