Rice Edward A Jr 4
4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
L3Harris (LHX) Director Edward Rice Receives 661-Share Award
What Happened Edward A. Rice Jr., a non-employee director of L3Harris Technologies (LHX), received an award of 661 director share units on May 11, 2026. The reported acquisition price is $0.00 (an equity grant rather than an open-market purchase or sale). The filing shows the grant value at time of award as $0; it represents compensation in the form of director share units, not a cash purchase.
Key Details
- Transaction date: 2026-05-11; filing date: 2026-05-12 (timely).
- Award: 661 director share units acquired (report lists $0.00 per share at grant).
- Footnote: The 661 units include 31.12 phantom stock units credited as dividend equivalents since the last report.
- Vesting/settlement: Units generally vest May 11, 2027 subject to continued service; per a prior deferral election, these units will be settled in shares of common stock upon the reporting person’s separation from service (see F1).
- Shares owned after transaction: Not specified in the filing.
- Exhibit: Exhibit 24 — Power of Attorney included.
Context This was an equity compensation grant (code "A" — award/acquisition), a routine form of director pay, not an open-market buy or sale. Such awards are common for non-employee directors and do not by themselves signal a buy or sell sentiment; they typically vest over time and may be settled in shares when service ends.
Insider Transaction Report
- Award
Common Stock, Par Value $1.00
[F1][F2]2026-05-11+661→ 3,516.79 total
Footnotes (2)
- [F1]Represents an award of director share units in respect of the non-employee director's equity-based retainer, which generally will vest on May 11, 2027, subject to the non-employee director's continued service and the terms and conditions of the director share unit agreement. Pursuant to a prior election to defer such units upon vesting, such units will be settled in shares of common of stock upon the reporting person's separation from service with the Issuer.
- [F2]Includes 31.12 phantom stock units acquired through dividend credits since last reported by the reporting person.