Form 4: L3Harris Technologies Executive Melanie Rakita Reports Stock Transactions

Melanie Rakita, Vice President & CHRO of L3Harris Technologies, reports the vesting and settlement of restricted stock units and subsequent tax withholding.

Summary

• Melanie Rakita, a Vice President & CHRO at L3Harris Technologies, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On February 1, 2025, 1,500 restricted stock units (RSUs) vested and were settled for 1,500 shares of common stock.
• Also on February 1, 2025, 388 shares were disposed of to cover tax obligations at a price of $212.01 per share.
• Following these transactions, Rakita directly owns 4,162.33 shares of L3Harris Technologies common stock.
• She also holds 1,500 unvested RSUs, which will vest on February 1, 2026.
• Rakita also acquired 98.33 shares through the Issuer's retirement plan based on information provided by the plan's administrators as of 1/3/2025.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation, and doesn't inherently convey positive or negative sentiment. It's a neutral disclosure of transactions.

Future Outlook

The remaining 1,500 RSUs will vest on February 1, 2026.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors. This filing indicates routine compensation-related stock activity.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minor impact on the overall shareholding structure.

Key Dates

Keywords

Form 4, L3Harris Technologies, Melanie Rakita, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transactions, Executive Compensation