Form 4: L3Harris Technologies Director Sallie B. Bailey Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4 Filing


Director Sallie B. Bailey reports acquiring director share units and disposing of shares, with holdings now at 5,774.32 shares.

Summary

  • On April 19, 2024, Sallie B. Bailey, a director of L3Harris Technologies, reported transactions involving the company's common stock.
  • Bailey acquired 924 director share units as part of the non-employee director's equity-based retainer, which will generally vest on April 19, 2025, contingent upon continued service.
  • Bailey also disposed of shares.
  • Following these transactions, Bailey beneficially owns 5,774.32 shares of L3Harris Technologies common stock, which includes 20.05 shares acquired through dividend reinvestment.

Sentiment

Score: 5

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

Future Outlook

The director share units will vest on 4/19/2025, subject to continued service.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding insider transactions.
  • The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates

DateDescription
04/19/2024Date of transaction: acquisition of director share units and disposal of shares.
04/19/2025Vesting date for the director share units, contingent upon continued service.
04/23/2024Date of signature for the report.

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