Oliver George 4
Research Summary
AI-generated summary
RTX Director Oliver George Receives Deferred Stock Award
What Happened Oliver George, a non-employee director of RTX Corporation (RTX), was granted 1,260.862 deferred stock units on 2026-04-30. The units were recorded at $176.07 each, for a total grant value of $222,000. This transaction is an award/acquisition of derivative securities (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-30; Form 4 filed 2026-05-04 (timely filing).
- Instrument: 1,260.862 deferred stock units; unit value $176.07; total value $222,000.
- Transaction code: A (award/acquisition); derivative securities (deferred stock units).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: The units were granted under the RTX Corporation Board of Directors Deferred Stock Unit Plan. Units convert to an equal number of common shares upon the director’s retirement or termination and are distributed per the director’s prior election (lump-sum or installments).
- Remarks file: oliver-poa_09122025.txt (present on the filing).
Context Deferred stock units are a form of compensation for directors and represent a promise to deliver common shares in the future; they are not immediate open-market purchases and do not by themselves indicate a change in trading sentiment. This was a routine director compensation grant under the company’s plan and was reported on a timely Form 4.