L3HARRIS TECHNOLOGIES, INC. /DE/·4

Apr 3, 2:01 PM ET

Geraghty Joanna 4

Research Summary

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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.