Form 4: L3Harris Technologies CEO Executes Pre-Arranged Stock Option Exercises and Sales

L3Harris Technologies' Chair and CEO, Christopher E. Kubasik, completed a series of pre-arranged stock option exercises and subsequent sales of common stock in June 2025.

Summary

• Christopher E. Kubasik, Chair and CEO of L3Harris Technologies, Inc. (LHX), reported transactions involving the company's common stock.
• On June 11, 2025, Mr. Kubasik exercised options to acquire 2,212 shares of Common Stock at an exercise price of $129.85 per share.
• Concurrently on June 11, 2025, he sold 2,212 shares of Common Stock at a weighted average sale price of $247.01 per share.
• On June 12, 2025, Mr. Kubasik exercised options to acquire 33,061 shares of Common Stock at an exercise price of $129.85 per share.
• Concurrently on June 12, 2025, he sold 33,061 shares of Common Stock at a weighted average sale price of $248.48 per share.
• All reported transactions were made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• Following these transactions, Mr. Kubasik directly beneficially owns 145,572.44 shares of Common Stock.
• Additionally, he indirectly beneficially owns 30,000 shares of Common Stock through a grantor retained annuity trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this Form 4 reports routine, pre-scheduled insider transactions under a 10b5-1 plan, which are generally not indicative of positive or negative company performance or outlook.

Positives

• The transactions were executed under a Rule 10b5-1(c) plan, indicating pre-scheduled, non-discretionary trades, which enhances transparency and reduces concerns about opportunistic insider trading.
• The exercise of options at a lower price and sale at a significantly higher market price demonstrates the personal financial benefit to the CEO from long-term equity incentives.

Negatives

• No direct negatives for the company from this filing, as these are routine insider transactions under a pre-arranged plan.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing, which primarily reports insider stock transactions.

Future Outlook

This Form 4 filing details past insider transactions and does not provide any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is specific to insider trading activity at L3Harris Technologies and does not provide information on broader industry trends or competitive landscape.

Comparison to Industry Standards

• Not applicable as this Form 4 details routine insider transactions under a pre-arranged plan, not operational or financial performance metrics comparable across an industry.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as these are routine insider transactions under a pre-arranged plan and do not reflect changes in company strategy, operations, or financial health.

Key Dates

Keywords

L3HARRIS TECHNOLOGIES, LHX, SEC Form 4, Insider Trading, Stock Options, Christopher E. Kubasik, CEO, Equity Sales, 10b5-1 Plan, Corporate Governance