L3Harris (LHX) President Lauren Barnes Receives Restricted Stock Award

What Happened
Lauren N. Barnes, President of Space & Mission Systems at L3Harris Technologies (LHX), was granted 5,692 restricted stock units (transaction code A) on 2026-09-01. The award shows an acquisition amount of 5,692 RSUs at $0.00 (derivative instrument); no cash exchanged at grant. Vested units will be settled in shares of the company’s common stock.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-02 (timely filing).
• Award: 5,692 RSUs, grant price listed as $0.00 (derivative award).
• Vesting: 3-year cliff vesting on 2029-09-01, subject to continued employment and the RSU agreement (see footnote).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Transaction code: A = Award/Grant (derivative security). No 10b5-1 plan or tax-withholding details disclosed in the excerpt.

Context
Restricted stock units are long-term equity awards that do not represent actual shares until they vest; they are common executive compensation and do not involve an immediate market purchase or sale. This grant should be viewed as a compensation award subject to future vesting conditions, not a direct buy or sell signal.