4//SEC Filing
Eddy Shane G 4
Accession 0001225208-25-001996
CIK 0000101829other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 5:28 PM ET
Size
14.5 KB
Accession
0001225208-25-001996
Insider Transaction Report
Form 4
RTX CorpRTX
Eddy Shane G
President, P&W
Transactions
- Award
Common Stock
2025-02-15$122.41/sh+21,060$2,577,955→ 21,060 total - Tax Payment
Common Stock
2025-02-15$122.41/sh−8,673$1,061,662→ 12,387 total - Exercise/Conversion
Common Stock
2025-02-18$75.79/sh+8,427$638,682→ 20,814 total - Disposition to Issuer
Common Stock
2025-02-18$124.87/sh−5,114$638,585→ 15,700 total - Sale
Common Stock
2025-02-18$124.45/sh−15,700$1,953,939→ 0 total - Exercise/Conversion
Stock Appreciation Right
2025-02-18−8,427→ 0 totalExercise: $75.79From: 2019-11-01Exp: 2026-10-31→ Common Stock (8,427 underlying)
Holdings
- 126(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The acquisition of shares of RTX Common Stock represents the vesting of performance share units (PSUs) awarded to the reporting person on February 15, 2022, 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, 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, which ended on December 31, 2024. The performance criteria were satisfied at the 110% level.
- [F2]The Stock Appreciation Rights (SARs) were settled in shares in accordance with the terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share.
- [F3]The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $124.12 to $124.97 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request.
Documents
Issuer
RTX Corp
CIK 0000101829
Entity typeother
Related Parties
1- filerCIK 0001915960
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 5:28 PM ET
- Size
- 14.5 KB