Reynolds Frederic 4
4 · RTX Corp · Filed Dec 18, 2023
Insider Transaction Report
Form 4
RTX CorpRTX
Reynolds Fredric G
Director
Transactions
- Award
Phantom Stock Unit
2023-12-15$80.28/sh+298.954$24,000→ 18,442.63 total→ Common Stock (298.954 underlying)
Footnotes (1)
- [F1]The reporting person acquired these stock units under the RTX Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director and related to his designation as Lead Director in December 2023. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.