Harris Harry B. Jr 4

What Happened
Harry B. Harris Jr., a non-employee director of L3Harris Technologies, was granted 661 director share units on May 11, 2026. The units were awarded at $0.00 (award/grant, transaction code A), so there was no cash purchase. Footnotes state these director share units generally vest on May 11, 2027 subject to continued service (F1) and will be settled in shares of common stock upon the reporting person’s separation from service due to a prior deferral election. The grant includes 46.07 phantom stock units credited as dividend equivalents since the last report (F2).

Key Details

• Transaction date: 2026-05-11; reported on Form 4 filed 2026-05-12.
• Transaction type/code: Award (A); 661 director share units awarded; $0.00 acquisition price; immediate cash value reported $0.
• Vesting/settlement: Generally vests 5/11/2027 subject to continued service (F1); units will be settled in shares upon separation per prior deferral election.
• Dividend credits: 46.07 phantom units included from dividend credits since last report (F2).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filed the next day (within normal Form 4 reporting window).
• Exhibits: Exhibit 24 — Power of Attorney.

Context
Director share units are a form of equity-based compensation for non-employee directors and do not represent an open-market purchase or sale; they are not an immediate bullish signal. These awards typically vest over time and convert to common shares (or cash/shares per plan) later, so they reflect compensation rather than an insider buying stock on the open market.