Geraghty Joanna 4
4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
L3Harris (LHX) Director Joanna Geraghty Receives Award
What Happened
Joanna Geraghty, a director of L3Harris Technologies (LHX), received an award of 123.62 phantom stock units on April 1, 2026, valued at $353.91 per share for a total reported value of $43,750. The transaction is coded as an award/grant (A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-03 (filed two days after the transaction, which appears timely).
- Units granted: 123.62 phantom stock units; per-unit value: $353.91; total reported value: $43,750.
- Footnote: Units represent a credit of phantom stock under the 2019 Non-Employee Director Compensation Plan and are payable solely in common stock upon the reporting person's separation from service (F1).
- Additional footnote: The grant includes 11.33 phantom units credited from dividends since the last report (F2).
- Shares owned after transaction: not specified in the provided filing.
Context
These are deferred/phantom stock units used for non-employee director compensation and do not represent immediately issued common shares; they are payable in shares only when the director separates from service. Such awards are routine director compensation and should be viewed as compensation reporting rather than an immediate buy or sell signal.
Insider Transaction Report
- Award
Common Stock, Par Value $1.00
[F1][F2]2026-04-01$353.91/sh+123.62$43,750→ 4,880.29 total
Footnotes (2)
- [F1]Represents a credit of phantom stock units under the L3Harris Technologies, Inc. 2019 Non-Employee Director Compensation Plan (the "Plan") pursuant to the reporting person's prior election to defer non-employee director quarterly cash retainers. Phantom stock units are subject to settlement solely in shares of the Issuer's common stock upon the reporting person's separation from service with the Issuer.
- [F2]Includes 11.33 phantom stock units acquired through dividend credits under the Plan since last reported by the reporting person.