Rakita Melanie 4

What Happened

• Melanie Rakita, Vice President & CHRO of L3HARRIS (LHX), had RSUs vest on 2026-02-01 that converted into shares. The filing shows 1,500 shares issued in settlement of vested RSUs (exercise/conversion, code M). To cover tax liabilities, 379 of those shares were withheld by the issuer (disposition, code F) at an indicated per-share value of $342.85, totaling $129,940. The exercise/conversion entries are reported at $0.00 per share because these were RSU settlements rather than a cash purchase.

Key Details

• Transaction date(s): 2026-02-01 (vesting/conversion and tax withholding); Form filed 2026-02-03.
• Prices and values: RSU conversion recorded at $0.00; 379 shares withheld at $342.85 each = $129,940.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1/F4: 1,500 shares issued in settlement of RSUs that vested on 2/1/2026.
  • F3: 379 shares were withheld by the issuer to pay the tax liability on vesting.
  • F2: Filing notes 103.92 shares (retirement plan) and 164.95 shares (dividend reinvestment) per plan administrators as of 1/2/2026.
• Timeliness: Form 4 was filed on 2026-02-03 for the 2026-02-01 transaction; no late filing is indicated in the excerpt.

Context

• This was an award/vesting event (RSUs converting to common stock) with a tax-withholding share disposition — a routine administrative settlement rather than an open-market sale by the insider. For derivative entries: “M” denotes exercise/conversion (here, RSU settlement) and “F” denotes payment of exercise price or tax liability (share withholding). Such withholding is common and does not necessarily signal a change in the insider’s view of the company.