Form 4: L3Harris Director Millard Reports Trust Share Transfers

L3Harris Technologies Director Robert B. Millard reported the transfer of common stock from a grantor retained annuity trust to beneficiaries and the settlor.

Summary

• Robert B. Millard, a Director of L3HARRIS TECHNOLOGIES, INC. (LHX), reported changes in beneficial ownership of common stock.
• On February 6, 2026, 5,770 shares of Common Stock were transferred from a grantor retained annuity trust to beneficiaries of the trust.
• An additional 21,686 shares were transferred from the same grantor retained annuity trust to the settlor on February 6, 2026.
• Following these transactions, Millard's direct beneficial ownership stands at 11,133.65 shares.
• Indirect beneficial ownership includes 181,972 shares held by a grantor retained annuity trust and 36,629 shares held by a family trust.
• The 36,629 shares held by the family trust include the 21,686 shares previously reported as indirectly owned through the grantor retained annuity trust, indicating a shift in indirect ownership structure.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical of personal estate planning for executives, with no direct positive or negative implications for the company's operational performance or stock valuation.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving transfers from grantor retained annuity trusts, are typically part of personal estate planning for executives and do not generally reflect a change in the company's operational outlook or market sentiment.

Key Dates

Keywords

L3Harris, LHX, Form 4, insider transaction, beneficial ownership, trust transfer, Robert B. Millard, estate planning