4//SEC Filing
Mitchill Neil G. JR 4
Accession 0001225208-24-001881
CIK 0000101829other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 5:56 PM ET
Size
15.3 KB
Accession
0001225208-24-001881
Insider Transaction Report
Form 4
RTX CorpRTX
Mitchill Neil G. JR
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
2024-02-08$91.04/sh+11,841$1,078,005→ 48,384 total - Exercise/Conversion
Common Stock
2024-02-08+8,907→ 57,291 total - Tax Payment
Common Stock
2024-02-08$91.04/sh−2,914$265,291→ 54,377 total - Tax Payment
Common Stock
2024-02-08$91.04/sh−5,488$499,628→ 48,889 total - Exercise/Conversion
Restricted Stock Units
2024-02-08−8,907→ 21,982 total→ Common Stock (8,907 underlying) - Award
Stock Appreciation Right
2024-02-08$91.04/sh+100,700$9,167,728→ 100,700 totalExercise: $91.04From: 2027-02-08Exp: 2034-02-07→ Common Stock (100,700 underlying)
Holdings
- 1,129(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]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.
- [F2]Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
- [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 36,250 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 0001633746
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 5:56 PM ET
- Size
- 15.3 KB