DaSilva Kevin G 4
4 · RTX Corp · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
RTX Treasurer Kevin DaSilva Sells $1.64M Shares, Receives Awards
What Happened
Kevin G. DaSilva, Senior Vice President and Treasurer of RTX Corp (RTX), reported open-market sales and new equity/derivative awards. On 2026-02-13 he sold 8,136 shares in two transactions (185 shares at a weighted avg ~$200.67 and 7,951 shares at a weighted avg ~$201.31) for total proceeds of approximately $1,637,745. On 2026-02-11 he was granted derivative awards: 2,485 RSU-like awards reported at $0.00 and 3,100 stock appreciation rights (SARs) reported at $196.51 each (aggregate reported value $609,181). The filing also notes an additional grant of 1,490 performance share units (PSUs) tied to performance goals.
Key Details
- Transaction dates/prices:
- Sale 1 (open market): 185 shares @ reported weighted avg $200.67 (range $200.66–$200.68) — $37,124.
- Sale 2 (open market): 7,951 shares @ reported weighted avg $201.31 (range $200.77–$201.735) — $1,600,621.
- Award 1: 2,485 RSU-type units @ $0.00 (derivative) — $0 reported.
- Award 2: 3,100 SARs @ $196.51 — $609,181 reported value.
- Additional: 1,490 PSUs awarded (performance-based), per footnote.
- Total proceeds from sales: ~ $1,637,745. Reported acquisition value (SARs line): $609,181.
- Shares owned after transaction: Not specified in the supplied excerpt of the filing.
- Footnotes of note:
- Reported sale prices are weighted averages across same-day trades (see F1, F2).
- RSUs vest on the third anniversary of the grant (F3).
- SARs shown are a subset of awards; PSUs granted vest only if performance goals are met (F4).
- Timeliness: Report filed 2026-02-13 for transactions on 2026-02-11 and 02-13 — filing appears timely (not marked late).
Context
- RSUs (restricted stock units) represent a future right to receive shares upon vesting; the report shows these RSUs vest in three years. SARs grant the right to the appreciation in RTX stock value (paid in cash or stock per plan terms) and are reported as derivative awards. PSUs vest only if multi-year performance targets are met.
- Sales by insiders can be routine (diversification or tax purposes); awards and grants provide potential future upside if vesting/performance conditions are met. This summary is factual and does not infer DaSilva’s motivations.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-13$200.67/sh−185$37,124→ 35,053.06 total - Sale
Common Stock
[F2]2026-02-13$201.31/sh−7,951$1,600,621→ 27,102.06 total - Award
Restricted Stock Units
[F3]2026-02-11+2,485→ 10,355 total→ Common Stock (2,485 underlying) - Award
Stock Appreciation Right
[F4]2026-02-11$196.51/sh+3,100$609,181→ 3,100 totalExercise: $196.51From: 2029-02-11Exp: 2036-02-10→ Common Stock (3,100 underlying)
- 93(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $200.66 to $200.68 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.
- [F2]The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $200.77 to $201.735 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.
- [F3]Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of RTX Common Stock. These RSUs vest on the third anniversary of the date of grant.
- [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 1,490 performance share units (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.