Form 4: L3Harris Executive Vests RSUs, Adjusts Holdings
Insider Transaction Report
L3Harris Technologies executive Samir Mehta reported the vesting of restricted stock units and subsequent tax-related share dispositions, resulting in a net increase in direct common stock ownership.
Summary
- Samir Mehta, President, Space & Missions Systems at L3Harris Technologies, reported transactions on February 1, 2026.
- Acquired 3,475 shares of common stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
- Disposed of 1,368 shares of common stock at $342.85 per share to cover tax liabilities related to the RSU vesting.
- Acquired an additional 3,861 shares of common stock through the vesting of RSUs at a price of $0.
- Disposed of 1,128 shares of common stock at $342.85 per share to cover tax liabilities related to the RSU vesting.
- Beneficial ownership following these transactions is 10,756.07 shares of common stock.
- The reported beneficial ownership also includes 52.36 shares acquired through the Issuer's retirement plan as of January 2, 2026.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a routine and positive event for the executive, reflecting the realization of long-term incentive compensation and continued alignment with shareholder interests, without significant implications for the company's operational performance.
Positives
- Samir Mehta acquired a total of 7,336 shares (3,475 + 3,861) of L3Harris common stock through the vesting of Restricted Stock Units, increasing direct ownership.
- The vesting of RSUs represents a realization of previously granted equity compensation, aligning executive interests with shareholder value.
Negatives
- A total of 2,496 shares (1,368 + 1,128) were withheld by L3Harris Technologies to cover tax liabilities associated with the RSU vesting, reducing the net shares received by the executive.
Risks
- A Form 4 primarily reports insider transactions and does not typically disclose company-specific risks. No risks were mentioned in this filing.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
StockSavvy.ai notes that routine RSU vesting and subsequent tax-related share dispositions are standard compensation practices across various industries, particularly in large defense and technology companies like L3Harris, and do not indicate broader industry trends.
Comparison to Industry Standards
- This filing details an individual executive's equity compensation vesting and tax-related transactions, which are standard practices for executive compensation across publicly traded companies. It does not provide company performance metrics that would allow for a comparison to industry benchmarks or specific competitor projects.
Stakeholder Impact
- Shareholders: Minor positive impact as executive compensation aligns interests, but no direct operational or financial impact.
- Employees: No direct impact.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date as of which 52.36 shares were acquired through the Issuer's retirement plan. |
| 02/01/2026 | Date of RSU vesting and associated common stock acquisitions and dispositions for tax liability. |
| 02/03/2026 | Date the Form 4 was signed and filed. |
Keywords
L3Harris Technologies, LHX, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Samir Mehta, Executive Compensation
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