MILLARD ROBERT B 4

What Happened

• Robert B. Millard, a director of L3Harris Technologies (LHX), disposed of 5,770 shares as a gift on February 6, 2026. The transaction is reported with no sale proceeds (price $0) because the shares were transferred to beneficiaries when a grantor retained annuity trust (GRAT) terminated. The filing also notes that 21,686 shares from the trust were transferred to the settlor (the insider) on the same date.

Key Details

• Transaction date: 2026-02-06; Transaction type: Gift (code G); Reported price/value: $0.
• Shares transferred to beneficiaries: 5,770; shares transferred to settlor (insider): 21,686 per footnote.
• Filing: Accession 0001188791-26-000004, filed same day (timely).
• Footnotes: F1 explains the GRAT termination and distributions (5,770 to beneficiaries; 21,686 to settlor). F2 notes inclusion of the 21,686 shares previously reported as indirectly owned through the GRAT.
• Shares owned after transaction: the filing indicates 21,686 shares from the trust were transferred to the insider; consult the full Form 4 for the filer’s total post-transaction beneficial ownership.

Context

• This was a non-market transfer (a gift/distribution from a trust), not a sale, so it does not directly signal the insider’s view of the stock’s near-term prospects. GRAT terminations commonly redistribute shares to beneficiaries and/or the settlor for estate-planning reasons rather than reflecting trading intent.