Regnery David S 4

What Happened David S. Regnery, a director of L3Harris Technologies (LHX), was credited with 105.96 phantom stock units (reported as an acquisition/award) at a per‑unit value of $353.91, totaling $37,500. This grant reflects crediting of deferred non-employee director cash retainers under the company's 2019 Non-Employee Director Compensation Plan rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely).
• Transaction type/code: Award/Acquisition (A).
• Units/shares credited: 105.96 phantom stock units; per‑unit value $353.91; total value $37,500.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: Units are phantom stock units under the 2019 Non‑Employee Director Compensation Plan and are payable solely in shares upon the reporting person's separation from service. The total includes 6.66 phantom units credited as dividends since the last report.

Context Phantom stock units are a form of deferred compensation that track equity value but do not represent immediately tradable shares; they convert to actual shares only upon separation (per the plan). Because this is compensation deferral credit (routine director pay), it should be viewed differently from an outright open‑market purchase or sale.