Form 4: L3Harris Technologies Director Thomas A. Dattilo Reports Acquisition of Director Share Units

Thomas A. Dattilo, a director at L3Harris Technologies, reported the acquisition of 924 director share units and the disposal of 7,682.32 common stock shares on April 19, 2024.

Summary

• On April 19, 2024, Thomas A. Dattilo, a director of L3Harris Technologies, acquired 924 director share units.
• These units are part of the non-employee director's equity-based retainer and will generally vest on April 19, 2025, contingent upon continued service.
• Dattilo also disposed of 7,682.32 common stock shares.
• Following these transactions, Dattilo beneficially owns 20.05 shares acquired through dividend reinvestment.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects standard director compensation practices and regulatory filings. There are no indications of positive or negative events.

Positives

• The acquisition of director share units aligns the director's interests with the long-term performance of the company.

Future Outlook

The director share units will vest on April 19, 2025, subject to the non-employee 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.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates