Form 4: L3Harris Technologies Executive Reports Stock Transactions
SEC Form 4 Filing
John P. Cantillon, VP and Principal Accounting Officer of L3Harris Technologies, reports the vesting and settlement of restricted stock units.
Summary
- On February 1, 2025, John P. Cantillon, VP, Principal Accounting Officer of L3Harris Technologies, had 477 restricted stock units (RSUs) vest.
- These RSUs were settled for 477 shares of common stock.
- Cantillon also disposed of 142 shares to cover tax obligations at a price of $212.01 per share.
- Following these transactions, Cantillon directly owns 335 shares of common stock and 478 unvested RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.
Future Outlook
The reporting person has 478 unvested RSUs that will vest on 2/1/2027.
Industry Context
This is a routine disclosure of insider transactions, common for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small portion of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Vesting of 477 Restricted Stock Units and disposal of shares for tax obligations. |
| 02/01/2027 | Date of future vesting of 478 Restricted Stock Units. |
| 02/04/2025 | Date of report filing. |
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