Form 4: L3Harris Technologies Executive Exercises Stock Options and Acquires Shares
SEC Form 4 Filing
Edward J. Zoiss, a Pres., Space & Airborne Sys. at L3Harris Technologies, exercised stock options and acquired shares on February 25, 2025.
Summary
- On February 25, 2025, Edward J. Zoiss, a Pres., Space & Airborne Sys. at L3Harris Technologies, exercised restricted stock units, acquiring 2,356 shares of common stock.
- The transaction involved the disposition of 573 shares to cover tax obligations at a price of $203.97 per share.
- Following the reported transactions, Zoiss directly owns 29,042.4 shares of L3Harris Technologies common stock.
- Zoiss also indirectly owns 74.02 shares acquired through the Issuer's retirement plan as of January 3, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of information regarding shares acquired through Issuer's retirement plan. |
| 02/25/2025 | Date of transaction: exercise of restricted stock units and disposition of shares for tax obligations. |
| 02/27/2025 | Date of signature for the Form 4 filing. |
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