RTX Corp·4

Feb 10, 5:18 PM ET

Maharajh Ramsaran 4

Research Summary

AI-generated summary

Updated

RTX EVP/GC Maharajh Ramsaran Receives Award; Tax Withholding Sale

What Happened
Maharajh Ramsaran, EVP and General Counsel of RTX Corp (RTX), had 26,916 performance share units (PSUs) vest on Feb 8, 2026, converting to 26,916 shares of RTX common stock at $198.66/share (value $5,347,133). To satisfy tax withholding obligations, 11,792 of those shares were surrendered (disposed) at the same price, representing $2,342,599. Net retained from the vesting: 15,124 shares (~$3,004,534).

Key Details

  • Transaction date: 2026-02-08; Form 4 filed 2026-02-10 (appears timely).
  • Award (A): 26,916 shares @ $198.66 = $5,347,133 (PSU vesting).
  • Tax withholding / disposition (F): 11,792 shares @ $198.66 = $2,342,599 (surrendered to pay taxes).
  • Net increase to holdings from this event: +15,124 shares (~$3.00M).
  • Footnote: These shares were PSUs granted 2/8/2023 under the RTX Long‑Term Incentive Plan; vesting was performance‑based (3‑year period ended 12/31/2025) and achieved at 146% of target.
  • Remarks reference a power-of-attorney filing (maharajh-poa_09122025.txt). The filing does not indicate a 10b5-1 plan.

Context
This was not a market buy or speculative sale but the scheduled vesting of performance-based restricted equity compensation, with a routine portion withheld/disposed to cover taxes. Such PSU vesting reflects past performance meeting pre-established metrics (here at 146%), and the tax withholding disposition is a common administrative step rather than an indicator of an insider selling for investment reasons.