Eddy Shane G 4
4 · RTX Corp · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
RTX President Shane G. Eddy Receives 31,405-Share Award
What Happened Shane G. Eddy, President of Pratt & Whitney (RTX business unit), received 31,405 shares of RTX common stock on Feb 8, 2026 as the vesting of performance share units (PSUs). The shares are reported at $198.66 each, a total value of $6,238,917. To satisfy tax withholding, 13,878 of those shares were surrendered (disposed) at the same $198.66 price, valued at $2,757,003. The award was not an open-market purchase or sale by the insider — it reflects PSU vesting and routine tax withholding.
Key Details
- Transaction date: February 8, 2026; Form 4 filed February 10, 2026 (timely filing).
- Awarded/Acquired: 31,405 shares @ $198.66 = $6,238,917 (code A = award/vesting).
- Withheld/Disposed for taxes: 13,878 shares @ $198.66 = $2,757,003 (code F = tax withholding).
- Footnote: These shares represent PSUs granted Feb 8, 2023 that vested based on a three-year performance period ending Dec 31, 2025; performance payout was 146% of target.
- Shares owned after the transaction: not specified in the provided filing.
- Remark: filing executed via a power of attorney reference (eddy-poa_09122025.txt).
Context PSUs are long-term equity awards that convert to shares if performance goals are met; here the award vested due to metrics (ROIC, EPS growth, and relative TSR) exceeding targets. The tax withholding is routine and common for vested equity awards — it does not reflect an open-market sale decision by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-08$198.66/sh+31,405$6,238,917→ 31,405 total - Tax Payment
Common Stock
2026-02-08$198.66/sh−13,878$2,757,003→ 17,527 total
- 192(indirect: By Trust)
Common Stock
Footnotes (1)
- [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, 2023, 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, 2025. The performance criteria were satisfied at the 146% level.