Form 4: L3Harris Technologies Director Acquires Shares Through Equity-Based Retainer
SEC Form 4 Filing
Director David S. Regnery acquires 391 shares of L3Harris Technologies through an equity-based retainer award.
Summary
- On November 1, 2024, David S. Regnery, a director of L3Harris Technologies, acquired 391 shares of common stock.
- The acquisition was part of a director share unit award related to the non-employee director's equity-based retainer.
- These share units will generally vest on November 1, 2025, contingent upon continued service and the terms of the director share unit agreement.
- Following the transaction, Regnery directly owns 411 shares of L3Harris Technologies.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. It doesn't inherently indicate positive or negative performance for the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The director share units will vest on November 1, 2025, subject to the director's continued service and the terms and conditions of the director share unit agreement.
Industry Context
This filing is a routine disclosure related to director compensation and equity ownership, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Director share units acquired |
| 11/01/2025 | Vesting date for director share units, contingent upon continued service |
| 11/04/2024 | Date of Form 4 filing |
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