Regnery David S 4
Research Summary
AI-generated summary
L3Harris Director David Regnery Receives 128-Share Award
What Happened David S. Regnery, a director of L3Harris Technologies (LHX), was credited with 128.32 phantom stock units on 2026-07-01 under the company's 2019 Non-Employee Director Compensation Plan. The filing values the award at $292.93 per share, a total of about $37,589. This transaction is an award/credit of deferred compensation (not an open-market purchase or sale).
Key Details
- Transaction date and value: 2026-07-01; 128.32 units @ $292.93 each = $37,589.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote F1: Units are phantom stock credited under the board member deferral election and are settled only in shares upon the reporting person's separation from service.
- Footnote F2: The total includes 14.80 phantom units credited from dividends since the last report.
- Filing timing: Reported on 2026-07-02 for a 2026-07-01 transaction — appears timely based on the filing date.
Context Phantom stock units are a form of deferred compensation that convert to actual shares only upon separation from service; they do not represent immediate share purchases or sales and therefore shouldn't be read as a near-term bullish or bearish signal by themselves. This is routine director compensation rather than executive trading or a 10% owner transaction.