Harris Bernard A Jr 4
4 · RTX Corp · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
RTX Director Bernard A. Harris Jr Receives Deferred Stock Unit Award
What Happened Bernard A. Harris Jr, a non-employee director of RTX Corp (RTX), was granted 1,175.669 deferred stock units (derivative securities) on April 30, 2026. The grant is reported at an imputed price of $176.07 per share, for a total value of $207,000. This was an award under the RTX Board of Directors Deferred Stock Unit Plan — a compensation grant, not an open-market buy or sale.
Key Details
- Transaction date: 2026-04-30; Filing date: 2026-05-04.
- Transaction type/code: Award/Grant (A) — derivative (deferred stock units).
- Units granted: 1,175.669 DSUs; Imputed price: $176.07; Reported value: $207,000.
- Shares owned after transaction: Not specified in the filing.
- Footnote: DSUs were issued under the RTX Board of Directors Deferred Stock Unit Plan; DSUs convert into an equal number of common shares upon the director’s retirement or termination and are paid in lump sum or installments per the director’s prior election. (Footnote F1)
- Remarks: filing includes reference "harris-poa_09122025.txt" (power of attorney/administrative doc).
- Timeliness: Filed 4 days after the transaction date; this is beyond the standard 2 business‑day Form 4 deadline and appears delayed.
Context Deferred stock units are a form of compensation for directors and do not represent an immediate purchase or sale of market shares. They typically reflect routine board pay and will convert to actual shares only upon specified events (retirement/termination), so they generally indicate compensation structure rather than a trading signal.
Insider Transaction Report
- Award
Phantom Stock Unit
[F1]2026-04-30$176.07/sh+1,175.669$207,000→ 11,966.374 total→ Common Stock (1,175.669 underlying)
Footnotes (1)
- [F1]The reporting person acquired these stock units under the RTX Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.