Brunk Troy D 4

What Happened

• Troy D. Brunk, President of Collins Aerospace at RTX Corp, was granted stock-based awards on 2026-02-11: 28,600 stock appreciation rights (SARs) with a per-share value of $196.51, totaling approximately $5,620,186. This transaction is recorded as an award/grant (derivative), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely filing).
• Award details: 28,600 SARs @ $196.51 (total value ≈ $5,620,186). Transaction code: A (award/grant).
• Additional grant (footnote): 13,740 performance share units (PSUs) also awarded; each PSU equals one share and vests only if pre-established performance goals are met over a three‑year period.
• Shares owned after transaction: not specified in the information provided in this summary.
• Filing status: not indicated as late in the filing data provided.

Context

• SARs are derivative awards that typically pay the appreciation in stock price (often settled in shares or cash) if performance/vesting conditions are met; they are compensation grants rather than personal purchases and do not necessarily signal a personal market bet.
• The PSUs vest based on RTX's return on invested capital, EPS growth, and total shareholder return relative to the S&P 500 and aerospace & defense peers over a three‑year performance period.