Form 4: L3Harris Technologies Director Edward A. Rice Jr. Acquires Shares Through Equity-Based Retainer

Director Edward A. Rice Jr. of L3Harris Technologies acquires shares through an equity-based retainer and dividend reinvestment.

Summary

• On April 21, 2025, Edward A. Rice Jr., a director of L3Harris Technologies, acquired 887 shares of common stock through an award of director share units.
• These units are part of the non-employee director's equity-based retainer and will generally vest on April 21, 2026, contingent upon continued service.
• The acquisition price was $0 per share, and the total number of shares beneficially owned following the transaction is 2,824.67.
• This includes 19.47 shares acquired through dividend reinvestment.
• The director share units will be settled in shares of common stock upon the reporting person's separation from service from the Issuer.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which is generally viewed favorably. There are no explicit negative indicators.

Positives

• The acquisition of shares demonstrates the director's continued investment in the company.
• The equity-based retainer aligns the director's interests with those of the shareholders.
• Dividend reinvestment further increases the director's stake in the company.

Future Outlook

The director share units will be settled in shares of common stock upon the reporting person's separation from service from the Issuer.

Industry Context

This filing is a routine disclosure of a director's share acquisition, common in publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• The increased share ownership by a director could be viewed positively by shareholders, signaling confidence in the company's future.

Key Dates

Keywords

L3Harris Technologies, Director, Share Acquisition, Equity-Based Retainer, Dividend Reinvestment, Form 4, Director Share Units