L3Harris (LHX) CHRO Melanie Rakita Receives 5,399 RSU Award

What Happened Melanie Rakita, Vice President & Chief Human Resources Officer of L3Harris Technologies (LHX), received an award of 5,399 restricted stock units (RSUs) on August 3, 2026. The grant is reported as a derivative award with a reported acquisition price of $0.00 (typical for RSU grants) and does not represent an immediate cash purchase or sale.

Key Details

• Transaction date: 2026-08-03 (reported period: 2026-08-03).
• Grant type: Restricted stock units (derivative award). Quantity: 5,399 RSUs. Price per unit reported: $0.00.
• Vesting: 3-year cliff vesting — units vest on the issuer’s fiscal 2029 year-end, subject to continued employment and the award agreement (footnote F1).
• Settlement: Each RSU represents a contingent right to one share; vested units will be settled in shares of L3Harris common stock.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Filing lists the same transaction and report date; no late filing indicator noted.

Context RSU grants are commonly used as retention and compensation incentives; they do not require an immediate cash outlay and only convert into stock if vesting conditions are met. This award alone does not indicate a buy/sell signal because vesting is contingent on continued employment and company-specific plan terms.