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RTX Corp·4

Feb 13, 4:31 PM ET

DaSilva Kevin G 4

Research Summary

AI-generated summary

Updated

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.