Form 4: L3Harris Technologies Executive Scott T. Mikuen Reports Stock Transactions
SEC Form 4
Scott T. Mikuen, Sr VP-General Counsel & Secretary of L3Harris Technologies, reports the acquisition and disposal of company stock and stock options.
Summary
- On July 11, 2024, Scott T. Mikuen disposed of 10,527 shares of L3Harris Technologies common stock at a price of $230 per share.
- On July 15, 2024, Mikuen exercised non-qualified stock options to acquire 15,887 shares at an exercise price of $119.66.
- Also on July 15, 2024, Mikuen disposed of 15,887 shares at a price of $235 per share.
- Following these transactions, Mikuen beneficially owns 47,615.63 shares of L3Harris Technologies common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as it can provide insights into their confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of information from the plan's administrator regarding shares acquired through the Issuer's retirement plan. |
| 07/11/2024 | Date of disposal of 10,527 shares of common stock at $230 per share. |
| 07/15/2024 | Date of exercising stock options for 15,887 shares at $119.66 per share and disposal of 15,887 shares at $235 per share. |
| 07/15/2024 | Date of report filing. |
| 08/25/2020 | Date the Non-Qualified Stock Option (Right to Buy) became exercisable. |
| 08/25/2027 | Expiration date of the Non-Qualified Stock Option (Right to Buy). |
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