MEHTA SAMIR 4

What Happened

• Samir Mehta, President, Space & Mission Systems at L3HARRIS TECHNOLOGIES (LHX), had 3,034 restricted stock units (RSUs) vest on 2026-02-24. The RSUs converted into 3,034 common shares (reported as derivative conversion, code M).
• To cover tax withholding on the vesting, 1,194 of those shares were surrendered (code F) at a reported withholding price of $354.27 per share, totaling $422,998. Net shares retained from the vesting = 1,840 shares.
• The total market value of the vested 3,034 shares at $354.27/share is roughly $1,074,855.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within typical 2-business-day Form 4 window).
• Reported actions/codes: M = conversion/exercise of derivative (RSU vesting), F = shares withheld to pay tax liability.
• Shares converted: 3,034; Shares withheld for taxes: 1,194 (value $422,998); Net shares retained: 1,840.
• Price used for withholding: $354.27 per share.
• Shares owned after transaction: not stated in the filing.

Context

• This was an RSU vesting event (no cash purchase). The filing shows conversion of RSUs into shares and routine tax-withholding via share surrender — a common, administrative transaction rather than an open-market buy or sell.
• Purchases/sales by insiders can signal conviction, but vesting and tax-withholding events are generally routine and do not necessarily indicate a change in insider sentiment.