L3Harris President Kenneth Bedingfield Receives Options & RSUs

What happened

• Kenneth L. Bedingfield, President, Missile Solutions at L3Harris (LHX), received equity awards on 2026-02-26: 13,035 derivative option units and 3,379 restricted stock units (RSUs). The Form 4 records the acquisition price as $0.00 for both grants (typical for awards/grants; not a cash purchase).

Key details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02.
• Grant amounts: 13,035 stock option units (derivative) and 3,379 RSUs; both shown at $0.00 on the filing.
• Post-transaction holdings: Not specified in the provided filing.
• Footnotes:
  • Options (F1) vest ratably on 2/26/2027, 2/26/2028 and 2/26/2029 and remain exercisable subject to continued employment and award terms.
  • RSUs (F2) vest on 2/26/2029, subject to continued employment; each RSU converts to one share when vested and settled in shares.
• Transaction type: Award/Grant (code A) — not a purchase or sale; no exercise or immediate sale reported.

Context

• These grants are compensation/retention awards common for executives. Options provide potential upside if the stock rises before/after vesting; RSUs become actual shares only if/when they vest. This filing documents the grant, not a market buy or sell, and does not itself indicate insider buying or selling sentiment.