Bedingfield Kenneth L 4

What Happened
Kenneth L. Bedingfield, President, Missile Solutions at L3Harris Technologies, received 98.44 phantom stock units on April 1, 2026. The units were valued at $353.91 each for a total economic value of $34,839. This transaction is coded as an award/acquisition (derivative) rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (two days after the transaction).
• Units received: 98.44 phantom stock units at $353.91 per unit; total value reported $34,839.
• Type: Derivative award under the Excess Retirement Savings Plan (accrued phantom stock units; code A).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • Each phantom stock unit equals the economic equivalent of one share of common stock.
  • Units are accrued under the company’s Excess Retirement Savings Plan and are to be settled in cash upon retirement or other settlement events; reporting person may transfer units into alternative investment accounts within the Plan prior to settlement.
  • The award includes 0.83 phantom stock units credited as dividends since the last report.
• Timeliness: Filed April 3, 2026 for an April 1, 2026 transaction (within the typical two-business-day reporting window).

Context
Phantom stock units are a cash-settled compensation vehicle that track the value of company shares; they are not immediately tradable stock and are usually granted as part of executive compensation or retirement plans. Such awards reflect compensation accruals rather than open-market buying or selling, so they do not directly signal the insider’s personal market view.