Rakita Melanie 4
4 · L3HARRIS TECHNOLOGIES, INC. /DE/ · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
L3Harris VP & CHRO Melanie Rakita Exercises RSUs, Sells Shares
What Happened
Melanie Rakita, Vice President and CHRO of L3Harris Technologies (LHX), had 3,596 restricted stock units (RSUs) vest on 2026-05-01 (conversion noted as an exercise/ conversion). Of those shares, 1,416 were withheld to cover taxes at an implied price of $313.37 per share (value reported $443,732). The remaining 2,180 shares were sold in an open-market transaction on 2026-05-05 at $310.45 per share, generating $676,781.
Key Details
- Vesting/conversion: 3,596 RSUs converted to shares on 2026-05-01 (transaction code M).
- Tax withholding: 1,416 shares withheld at $313.37/share → $443,732 (transaction code F).
- Open-market sale: 2,180 shares sold on 2026-05-05 at $310.45/share → $676,781 (transaction code S).
- Footnotes: F2 confirms each RSU represented one share and vested on 5/1/2026. F1 notes 61.29 shares were acquired through the issuer’s retirement plan as of 4/3/2026.
- Shares owned after the transactions are not disclosed in the provided filing details.
Context
This was a routine equity-compensation event: RSUs vested (conversion to shares), some shares were retained/withheld to satisfy tax obligations, and the remainder was sold on the open market. The derivative code M here indicates conversion/exercise of equity awards (RSUs), and the F code reflects tax withholding rather than a cash purchase. These actions are common for settled awards and do not by themselves imply a view for or against the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock, Par Value $1.00
[F1]2026-05-01+3,596→ 7,788.49 total - Tax Payment
Common Stock, Par Value $1.00
2026-05-01$313.37/sh−1,416$443,732→ 6,372.49 total - Sale
Common Stock, Par Value $1.00
2026-05-05$310.45/sh−2,180$676,781→ 4,192.49 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-05-01−3,596→ 0 totalExercise: $0.00From: 2026-05-01→ Common Stock, Par Value $1.00 (3,596 underlying)
Footnotes (2)
- [F1]Includes 61.29 shares acquired through the Issuer's retirement plan based on information provided by the plan's administrators as of 4/3/2026.
- [F2]Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock and vested on 5/1/2026.