4//SEC Filing
Maharajh Ramsaran 4
Accession 0001225208-24-001880
CIK 0000101829other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 5:56 PM ET
Size
15.3 KB
Accession
0001225208-24-001880
Insider Transaction Report
Form 4
RTX CorpRTX
Maharajh Ramsaran
EVP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2024-02-08+4,266→ 11,998 total - Award
Common Stock
2024-02-08$91.04/sh+3,554$323,556→ 15,552 total - Tax Payment
Common Stock
2024-02-08$91.04/sh−1,131$102,966→ 14,421 total - Tax Payment
Common Stock
2024-02-08$91.04/sh−1,237$112,616→ 13,184 total - Exercise/Conversion
Restricted Stock Units
2024-02-08−4,266→ 18,534 total→ Common Stock (4,266 underlying) - Award
Stock Appreciation Right
2024-02-08$91.04/sh+55,000$5,007,200→ 55,000 totalExercise: $91.04From: 2027-02-08Exp: 2034-02-07→ Common Stock (55,000 underlying)
Holdings
- 3,729(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
- [F2]The acquisition of shares of RTX Common Stock represents the vesting of performance share units (PSUs) awarded to the reporting person on February 8, 2021, under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vested solely upon achievement of pre-established performance goals for RTX's return on invested capital and earnings per share growth over a one-year performance period, which ended on December 31, 2021 (followed by a two-year holding period), and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period, which ended on December 31, 2023. The performance criteria were satisfied at the 143% level.
- [F3]Vesting of RSUs and delivery of shares with respect to the RSUs originally awarded on February 8, 2021.
- [F4]This number reflects only stock appreciation rights (SARs) with these specific grant details and does not include other SARs. In addition to the SARs and not included in this number, the reporting person was also awarded 19,775 PSUs under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's return on invested capital, earnings per share growth and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period.
Documents
Issuer
RTX Corp
CIK 0000101829
Entity typeother
Related Parties
1- filerCIK 0001897717
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 5:56 PM ET
- Size
- 15.3 KB