L3HARRIS TECHNOLOGIES, INC. /DE/·4

Feb 3, 7:03 PM ET

MEHTA SAMIR 4

4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed Feb 3, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-01
MEHTA SAMIR
Pres., Space & Mission Sys.
Transactions
  • Exercise/Conversion

    Common Stock, Par Value $1.00

    [F1][F2]
    2026-02-01+3,4759,391.07 total
  • Tax Payment

    Common Stock, Par Value $1.00

    [F3]
    2026-02-01$342.85/sh1,368$469,0198,023.07 total
  • Exercise/Conversion

    Common Stock, Par Value $1.00

    [F1]
    2026-02-01+3,86111,884.07 total
  • Tax Payment

    Common Stock, Par Value $1.00

    [F3]
    2026-02-01$342.85/sh1,128$386,73510,756.07 total
  • Exercise/Conversion

    Restricted Stock Units

    [F4]
    2026-02-013,4753,475 total
    Exercise: $0.00Common Stock, Par Value $1.00 (3,475 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F4]
    2026-02-013,8610 total
    Exercise: $0.00Common 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

Documents

1 file
  • 4
    wk-form4_1770163410.xmlPrimary

    FORM 4