RTX Corp·4

Feb 10, 5:18 PM ET

JASPER PHILIP J 4

4 · RTX Corp · Filed Feb 10, 2026

Research Summary

AI-generated summary of this filing

Updated

RTX President Philip J. Jasper Receives Award, Sells Shares

What Happened

  • Philip J. Jasper, President (Raytheon business) at RTX Corp, received stock from vested long‑term awards and converted time‑based units into shares. On Feb 8, 2026 he acquired 8,074 shares from vested performance share units (PSUs) valued at $198.66 each (total $1,603,981) and converted 2,832 time‑based units (reported as derivative conversion) into shares. To satisfy tax and related obligations, 731 and 3,246 shares were withheld (disposed) at $198.66 each (total tax withholding of $790,070); 2,832 shares were also reported as a derivative conversion/disposition. These transactions are routine compensation events tied to vesting rather than open‑market purchases or discretionary sales.

Key Details

  • Transaction date: 2026-02-08; Form 4 filed 2026-02-10 (timely filing).
  • Acquired: 8,074 shares @ $198.66 = $1,603,981 (PSU vesting); 2,832 shares @ $0 reported as conversion of derivative (RSU conversion/delivery).
  • Disposed (tax/withholding): 731 shares @ $198.66 = $145,220; 3,246 shares @ $198.66 = $644,850; plus 2,832 shares reported as derivative disposition.
  • Total shares withheld for taxes: 3,977 shares (731 + 3,246) representing ~$790,070.
  • Shares owned after the transactions: not specified in the Form 4 filing.
  • Footnotes: PSUs awarded Feb 8, 2023 vested based on three‑year performance measures (ROIC, EPS growth, and TSR) and settled at 146% of target. The 2,832 units relate to time‑based RSUs that vested and were delivered.
  • Filing remarks reference a power of attorney document (jasper-poa_09122025.txt).

Context

  • These transactions reflect routine compensation vesting (performance and time‑based awards) and tax withholding, not an open‑market purchase or voluntary sale. The PSU vesting at 146% indicates the performance metrics were exceeded for the 2023–2025 performance period. Derivative conversions (reported as "M") indicate awarded units converted into shares; withholding to satisfy tax liabilities (code F) is common and does not necessarily signal insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-08
JASPER PHILIP J
President, Raytheon
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-08$198.66/sh+8,074$1,603,98125,758.186 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-02-08+2,83228,590.186 total
  • Tax Payment

    Common Stock

    2026-02-08$198.66/sh731$145,22027,859.186 total
  • Tax Payment

    Common Stock

    2026-02-08$198.66/sh3,246$644,85024,613.186 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3]
    2026-02-082,83212,684 total
    Common Stock (2,832 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    2,400
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 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.
  • [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, 2023.
Signature
/s/ Jennifer Yahl, as Attorney-in-fact|2026-02-10

Documents

2 files