Form 4: L3Harris Technologies CFO Kenneth Bedingfield Reports Phantom Stock Unit Transactions

Kenneth Bedingfield, CFO of L3Harris Technologies, reports the acquisition of phantom stock units under the company's Excess Retirement Savings Plan.

Summary

• Kenneth L. Bedingfield, the SVP and Chief Financial Officer of L3Harris Technologies, reported transactions involving phantom stock units.
• On April 1, 2025, Bedingfield acquired phantom stock units under the Issuer's Excess Retirement Savings Plan.
• The price of the transaction was $209.75.
• Following the reported transaction, Bedingfield beneficially owns 168.33 phantom stock units.
• These phantom stock units are the economic equivalent of one share of L3Harris Technologies' common stock and will be settled in cash upon Bedingfield's retirement or other events.
• Bedingfield also acquired 0.22 phantom stock units through dividend credits under the Plan since the last report.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting routine transactions. It doesn't convey any strong positive or negative sentiment.

Future Outlook

The phantom stock units will be settled in cash upon the reporting person's retirement or other events.

Industry Context

This filing is a routine disclosure of insider transactions, common for executives of publicly traded companies. It provides transparency into the executive's holdings and aligns their interests with those of the shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and alignment of interests.

Key Dates

Keywords

L3Harris Technologies, Kenneth Bedingfield, phantom stock units, Excess Retirement Savings Plan, Form 4, insider trading