Maharajh Ramsaran 4
4 · RTX Corp · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
RTX EVP & GC Maharajh Ramsaran Receives SAR Award
What Happened
Maharajh Ramsaran, Executive Vice President and General Counsel of RTX Corp (RTX), was granted 25,400 stock appreciation rights (SARs) on 2026-02-11. The SARs are reported at $196.51 per share, with a total grant value of approximately $4,991,354. The filing also notes a separate award of 12,215 performance share units (PSUs) that are not included in the 25,400 SAR count.
Key Details
- Transaction type: Award/Grant of derivative securities (SARs).
- Date of transaction: 2026-02-11; Form 4 filed 2026-02-13 (appears timely — Form 4 is due within two business days).
- SARs granted: 25,400; reported price basis: $196.51; reported aggregate value: $4,991,354.
- Additional award: 12,215 PSUs (performance-based), not included in the SAR count.
- PSU vesting: contingent on pre-established performance goals for return on invested capital, EPS growth, and total shareholder return vs. the S&P 500 and aerospace & defense peers over a three-year performance period.
- Shares owned after transaction: Not specified in the provided filing.
Context
SARs are a form of long-term equity compensation that entitle the holder to the appreciation in the company’s stock price above a specified base amount; they are derivative awards and do not necessarily involve immediate transfer of common shares. PSUs are performance-conditioned awards that only convert to shares (or their cash equivalent) if specified multi-year targets are met. This filing documents an executive compensation grant rather than an open-market purchase or sale.
Insider Transaction Report
- Award
Stock Appreciation Right
[F1]2026-02-11$196.51/sh+25,400$4,991,354→ 25,400 totalExercise: $196.51From: 2029-02-11Exp: 2036-02-10→ Common Stock (25,400 underlying)
Footnotes (1)
- [F1]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 12,215 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.