Geraghty Joanna 4
Research Summary
AI-generated summary
L3Harris (LHX) Director Joanna Geraghty Receives Award
What Happened
- Joanna Geraghty, a director of L3Harris Technologies (LHX), was credited with 149.71 phantom stock units on 2026-07-01. The units were valued at $292.93 each, for a total reported value of $43,855. This was an award/credit under the company's non-employee director compensation arrangements, not an open-market purchase.
Key Details
- Transaction date and price: 2026-07-01; 149.71 units @ $292.93 each; total $43,855.
- Filing date: 2026-07-02 (appears timely under Form 4 reporting rules).
- Shares owned after transaction: Not specified in the reported transaction.
- Footnotes:
- F1: Units represent a credit of phantom stock units under the 2019 Non-Employee Director Compensation Plan pursuant to a prior election to defer quarterly cash retainers; phantom units settle solely in shares upon separation from service.
- F2: 17.14 of the credited phantom units reflect dividend credits acquired under the plan since the last filing.
Context
- These are deferred compensation credits (phantom stock units) for a non-employee director and will be settled in actual shares only when the director separates from service; such credits are a routine form of director compensation and do not necessarily signal a personal purchase or sale decision.