KUBASIK CHRISTOPHER E 4

What Happened

• Christopher E. Kubasik, Chairman and CEO of L3Harris Technologies (LHX), reported settlement/conversion of derivative awards and receipt of additional awards on 2026-02-26. The filing shows:
  • 48,245 shares acquired via exercise/conversion of a derivative (code M) at $0.00 per share (settlement of performance awards).
  • 48,882 shares acquired as a grant/award (code A) at $0.00.
  • 12,671 shares acquired as a grant/award (code A) at $0.00.
  • 18,985 shares were disposed/withheld (code F) to satisfy tax withholding at $355.16 per share, totaling $6,742,713.
• These transactions reflect award settlement and tax withholding rather than an open-market sale or cash purchase.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely).
• Prices reported: acquired shares at $0.00 (award/settlement); 18,985 shares withheld at $355.16 each for taxes (total $6,742,713).
• Total shares reported acquired on the form: 48,245 + 48,882 + 12,671 = 109,798 shares. 18,985 shares were withheld to cover taxes.
• Footnotes of note:
  • F1: The 48,245-share settlement reflects performance stock units granted 2/24/2023 settled after the 3-year performance period.
  • F2/F3: The filing also references other award terms — stock options vesting ratably in 2027–2029 (F2) and restricted stock units vesting on 2/26/2029 (F3).
• Shares owned after the transactions are not provided in the summary data supplied here.

Context

• This is primarily an award settlement (derivative conversion/PSU settlement) with shares withheld to satisfy tax obligations — a routine, non-open-market tax withholding (not a cash sale).
• For retail investors, such certificate settlements and tax-withholding disposals are common and do not necessarily indicate CEO buying or selling intent in the public market.