Rakita Melanie 4

4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

L3Harris (LHX) VP & CHRO Melanie Rakita Sells Shares, Exercises Options

What Happened

Melanie Rakita, Vice President and Chief Human Resources Officer of L3Harris (LHX), sold shares in the open market and also exercised/received equity awards. On 2026-02-26 she exercised or converted 1,020 derivative shares (listed at $0.00), had 269 shares withheld to satisfy taxes (~$95,538), and sold 2,378 shares at $341.45 each for $811,968. She later sold 751 shares on 2026-03-02 at $370.32 for $278,110. In addition, on 2026-02-26 she had derivative awards recorded as acquired: 4,345 shares (settlement of performance stock units) and 1,127 restricted stock units (both recorded at $0.00).
In cash terms, the two open-market sales totaled $1,090,078; the 269-share disposition for tax withholding totaled $95,538. Overall, 3,129 shares were sold in open-market trades and 269 shares were surrendered for taxes.

Key Details

Transaction dates & prices:
- 2026-02-26: Exercise/conversion of 1,020 shares @ $0.00 (acquired)
- 2026-02-26: Tax withholding 269 shares @ $355.16 (disposed) = $95,538
- 2026-02-26: Open-market sale 2,378 shares @ $341.45 = $811,968
- 2026-03-02: Open-market sale 751 shares @ $370.32 = $278,110
- 2026-02-26: Awards recorded — 4,345 shares (PSU settlement) and 1,127 RSUs @ $0.00
Shares owned after the transactions: not specified in the provided excerpt of the filing.
Notable footnotes from the filing:
- F1: 4,345 shares reflect settlement of performance stock units granted 2/24/2023 after the 3-year performance period.
- F2: Options described in the filing generally vest ratably in 2027–2029 (standard vesting schedule referenced).
- F3: 1,127 restricted stock units are subject to future vesting (2/26/2029) and represent contingent rights to receive shares if/when vested.
Tax withholding: The 269-share disposition (code F) appears to be for tax withholding related to the equity settlement.
Filing timeliness: Form filed 2026-03-02 (no late-filing note indicated in the provided data).

Context

This sequence looks like an equity settlement/exercise event where derivative awards were converted/settled and a portion of shares was sold in the open market while some shares were withheld to satisfy taxes — a common, routine action for executives receiving vested/settled awards. The filing shows both settlement of performance-based units and a grant of restricted stock units subject to future vesting.
These transactions are factual disclosures of insider activity; they do not by themselves indicate why the insider sold shares (e.g., diversification, tax obligations, or routine plan mechanics).

Form 4

Period: 2026-02-26

Vice President & CHRO

Transactions

Exercise/Conversion
Common Stock, Par Value $1.00
[F1]
2026-02-26+1,020→ 7,529.2 total
Tax Payment
Common Stock, Par Value $1.00
2026-02-26$355.16/sh−269$95,538→ 7,260.2 total
Sale
Common Stock, Par Value $1.00
2026-02-26$341.45/sh−2,378$811,968→ 4,882.2 total
Sale
Common Stock, Par Value $1.00
2026-03-02$370.32/sh−751$278,110→ 4,131.2 total
Award
Non-Qualified Stock Option (Right to Buy)
[F2]
2026-02-26+4,345→ 4,345 total
Exercise: $355.16Exp: 2036-02-26→ Common Stock Par Value $1.00 (4,345 underlying)
Award
Restricted Stock Units
[F3]
2026-02-26+1,127→ 1,127 total
Exercise: $0.00→ Common Stock Par Value $1.00 (1,127 underlying)

Footnotes (3)

[F1]Settlement of performance stock units granted on 2/24/2023 in shares of common stock following the end of the 3-year performance period.
[F2]Options to purchase shares of common stock generally vest ratably on 2/26/2027, 2/26/2028, and 2/26/2029 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
[F3]Award of restricted stock units subject to future vesting on 2/26/2029, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares of common stock.

Signature

By:/s/ John C. Scarborough Jr., Attorney-in-Fact For: Melanie Rakita|2026-03-02

1 file