RTX Corp·4

Jul 6, 5:27 PM ET

JASPER PHILIP J 4

Research Summary

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RTX President Philip J. Jasper Receives RSU Award

What Happened
Philip J. Jasper, President (Raytheon) at RTX Corp (RTX), received a grant of 20,860 restricted stock units (RSUs) on July 1, 2026. The award is reported as a derivative acquisition at $0.00 on the Form 4 (i.e., an equity award rather than an open-market purchase or sale). The RSUs are compensation—no cash changed hands at grant.

Key Details

  • Transaction date: 2026-07-01; Report filed: 2026-07-06 (Accession: 0001225208-26-006517).
  • Grant: 20,860 RSUs; reported price: $0.00 (derivative award, transaction code A = Award/Grant).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote: Each RSU (including dividend equivalents that accrue during vesting) represents a contingent right to one share of RTX common stock; RSUs vest on the third anniversary of the grant.
  • Timeliness: Filing was posted five days after the grant date; insiders normally must file Form 4 within two business days, so this filing appears later than typical (check the official filing for any timeliness notation).

Context
RSUs are a common form of executive compensation and convert into actual shares only upon vesting (here, three years out) — they do not indicate an immediate purchase or sale. For investors, outright purchases by insiders can be a stronger bullish signal; awards like this mainly reflect compensation and retention. Watch future Form 4s for vesting, withholding actions, or subsequent sales.