Form 4: L3Harris Technologies Director Edward A. Rice Jr. Reports Share Unit Award and Dividend Reinvestment

Director Edward A. Rice Jr. reports acquisition of share units and shares through dividend reinvestment in L3Harris Technologies.

Summary

• On April 19, 2024, Edward A. Rice Jr., a director of L3Harris Technologies, reported the acquisition of 924 director share units.
• These units were awarded as part of the non-employee director's equity-based retainer.
• The share units generally vest on April 19, 2025, contingent upon continued service.
• Upon vesting, and pursuant to a prior election to defer, the units will be settled in shares of common stock following the reporting person's separation from service from the Issuer.
• Additionally, Mr. Rice acquired 22.44 shares through dividend reinvestment.
• Following these transactions, Mr. Rice beneficially owns 1,918.21 shares of L3Harris Technologies common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and commitment through dividend reinvestment. There are no indications of negative events or concerns.

Positives

• The acquisition of share units demonstrates continued alignment of the director's interests with the long-term performance of L3Harris Technologies.
• Dividend reinvestment indicates a commitment to increasing ownership in the company.

Future Outlook

The director share units will vest on April 19, 2025, subject to continued service, and will be settled in shares of common stock upon the reporting person's separation from service.

Industry Context

This filing is a routine disclosure related to director compensation and ownership in a publicly traded company. It reflects standard practices for aligning director interests with shareholder value.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates