MEHTA SAMIR 4
4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
L3Harris President Samir Mehta Receives RSU Award; Shares Withheld
What Happened
- Samir Mehta, President, Space & Missions Systems at L3Harris (LHX), had restricted stock units (RSUs) vest on 2026-02-01. The Form 4 shows conversion of RSUs into common stock totaling 7,336 shares (3,475 + 3,861), with 2,496 shares withheld to satisfy tax obligations (1,368 and 1,128 shares). The withheld shares were valued at $342.85 each, totaling about $855,754. This was not an open-market purchase or sale—it's the routine issuance/settlement of equity awards.
Key Details
- Transaction date: 2026-02-01; Form 4 filed: 2026-02-03 (timely filing).
- Issued on vesting: 7,336 shares (conversion of RSUs) at $0 exercise price (code M indicates conversion/exercise of derivative).
- Tax withholding: 1,368 shares ($469,019) and 1,128 shares ($386,735) withheld (code F) at $342.85/share; total withheld ≈ 2,496 shares (~$855,754).
- Net shares delivered to Mehta (after withholding): ~4,840 shares (7,336 − 2,496).
- Footnotes: F1/F4—these shares were issued in settlement of RSUs that vested 2/1/2026; each unvested RSU represented a contingent right to 1 share. F2 notes 52.36 shares from the company retirement plan are included per plan administrator info. F3 indicates shares were withheld to pay tax liability.
- Shares owned after the transaction are not specified in the excerpt provided.
Context
- This was a standard RSU vesting event with shares withheld to cover taxes (a cashless withholding), not an open-market sale or purchase. Such transactions reflect compensation vesting and are routine; they do not, by themselves, signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4
MEHTA SAMIR
Pres., Space & Mission Sys.
Transactions
- Exercise/Conversion
Common Stock, Par Value $1.00
[F1][F2]2026-02-01+3,475→ 9,391.07 total - Tax Payment
Common Stock, Par Value $1.00
[F3]2026-02-01$342.85/sh−1,368$469,019→ 8,023.07 total - Exercise/Conversion
Common Stock, Par Value $1.00
[F1]2026-02-01+3,861→ 11,884.07 total - Tax Payment
Common Stock, Par Value $1.00
[F3]2026-02-01$342.85/sh−1,128$386,735→ 10,756.07 total - Exercise/Conversion
Restricted Stock Units
[F4]2026-02-01−3,475→ 3,475 totalExercise: $0.00→ Common Stock, Par Value $1.00 (3,475 underlying) - Exercise/Conversion
Restricted Stock Units
[F4]2026-02-01−3,861→ 0 totalExercise: $0.00→ Common Stock, Par Value $1.00 (3,861 underlying)
Footnotes (4)
- [F1]Represents shares of common stock issued in settlement of restricted stock units ("RSUs') that vested on 2/1/2026.
- [F2]Includes 52.36 shares acquired through the Issuer's retirement plan based on information provided by the plan's administrators as of 1/2/2026.
- [F3]Shares of common stock withheld by the Issuer to pay tax liability on the vesting of RSUs previously awarded.
- [F4]Each unvested RSU represents a contingent right to 1 share of Issuer's common stock. The RSUs vested on 2/1/2026.
Signature
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Samir Mehta|2026-02-03