RAMBEAU JON 4

4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

L3Harris President Jon Rambeau Exercises Awards, Sells Shares

What Happened

Jon Rambeau, President, Communications & Special Domains at L3Harris (LHX), had derivative awards convert to 9,115 shares on 2026-02-26 and then disposed of shares to cover taxes and via an open-market sale. He withheld 3,587 shares to satisfy tax withholding (3/587 @ $355.16, $1,273,959) and sold 5,528 shares in the open market on 2026-03-02 at $370.32 for $2,047,129. Total proceeds from the sales/withholding were about $3.32M. The original conversion/acquisition is reported at $0.00 per share (derivative settlement).

Key Details

Transaction dates and prices:
- 2026-02-26: Exercise/conversion of derivative — 9,115 shares acquired @ $0.00 (code M).
- 2026-02-26: Tax withholding — 3,587 shares disposed @ $355.16 for $1,273,959 (code F).
- 2026-03-02: Open-market sale — 5,528 shares disposed @ $370.32 for $2,047,129 (code S).
- 2026-02-26: Additional awards recorded — 9,234 shares and 2,394 shares acquired @ $0.00 (codes A, derivative).
Total gross proceeds from dispositions: ~$3,321,088.
Shares owned after the transactions: not specified in the excerpt; see the full Form 4 for total holdings.
Footnotes of note:
- F1: The settlement relates to performance stock units (PSUs) granted 2/24/2023 that paid out at the end of a 3‑year performance period.
- F2: Describes typical stock option vesting schedule (2027–2029).
- F3: Notes restricted stock units that vest on 2/26/2029.
Timeliness: Filing dated 2026-03-02 for transactions on 2/26/2026 and 3/02/2026 appears timely (filed within the SEC’s two-business-day window).

Context

This looks like a routine settlement of performance awards (derivative conversion) followed by withholding to cover tax obligations and an open-market sale of the remaining shares — effectively a cashless settlement. Such tax withholding and sales to cover taxes are common and do not necessarily indicate a change in insider sentiment.

Form 4

Period: 2026-02-26

Pres., Coms. & Spec. Dom.

Transactions

Exercise/Conversion
Common Stock, Par Value $1.00
[F1]
2026-02-26+9,115→ 16,775.03 total
Tax Payment
Common Stock, Par Value $1.00
2026-02-26$355.16/sh−3,587$1,273,959→ 13,188.03 total
Sale
Common Stock, Par Value $1.00
2026-03-02$370.32/sh−5,528$2,047,129→ 7,660.03 total
Award
Non-Qualified Stock Option (Right to Buy)
[F2]
2026-02-26+9,234→ 9,234 total
Exercise: $355.16Exp: 2036-02-26→ Common Stock Par Value $1.00 (9,234 underlying)
Award
Restricted Stock Units
[F3]
2026-02-26+2,394→ 2,394 total
Exercise: $0.00→ Common Stock Par Value $1.00 (2,394 underlying)

Footnotes (3)

[F1]Settlement of performance stock units granted on 2/24/2023 in shares of common stock based on the performance stock unit payout formula following the end of the 3-year performance period.
[F2]Options to purchase shares of common stock generally vest ratably on 2/26/27, 2/26/28, and 2/26/29 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
[F3]Award of restricted stock units subject to future vesting on 2/26/2029, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares of common stock.

Signature

By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Jon Rambeau|2026-03-02

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