Reynolds Fredric 4
Research Summary
AI-generated summary
RTX Director Fredric Reynolds Receives 1,346 Deferred Stock Units
What Happened
Fredric Reynolds, a non-employee director of RTX Corp (RTX), was granted 1,346.056 deferred stock units (DSUs) on April 30, 2026. The units were valued at $176.07 each for a total reported value of $237,000. This was an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-04-30 — Grant/award (derivative transaction, code A).
- Units/shares: 1,346.056 deferred stock units; reported price per unit $176.07; aggregate value $237,000.
- Plan: Awarded under the RTX Corporation Board of Directors Deferred Stock Unit Plan (DSU Plan).
- What the DSUs mean: Units convert into an equal number of common shares upon the director’s retirement or termination; distribution can be lump-sum or in installments per the director’s prior election (see footnote F1).
- Filing/remarks: Form 4 filed May 4, 2026; remarks reference "reynolds-poa_09122025.txt" (indicative of a power-of-attorney filing signature).
- Shares owned after transaction: Not specified in the provided report.
Context
Deferred stock units are a form of director compensation that defer receipt of shares until a future event (typically retirement or termination). Because this is a routine compensation grant to a non-employee director, it signals standard pay-for-service rather than a buy/sell decision in the market.
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