Form 4: Raytheon President Jasper Reports Significant Stock Vesting

Philip J. Jasper, President of Raytheon, reported the vesting of performance share units and restricted stock units in RTX Corp, alongside related tax-driven share dispositions.

Summary

• Philip J. Jasper, President of Raytheon, reported transactions involving RTX Corp common stock on February 8, 2026.
• Acquired 8,074 shares of common stock due to the vesting of performance share units (PSUs) awarded on February 8, 2023, under the RTX Long-Term Incentive Plan.
• The PSUs vested because pre-established performance goals for return on invested capital, earnings per share growth, and total shareholder return relative to the S&P 500 and aerospace & defense peers were satisfied at the 146% level over a three-year period ending December 31, 2025.
• Acquired an additional 2,832 shares of common stock from the vesting of time-based restricted stock units (RSUs) originally awarded on February 8, 2023.
• Disposed of 731 shares and 3,246 shares of common stock, both at a price of $198.66 per share, to cover tax withholding obligations related to the vesting of the RSUs and PSUs, respectively.
• Following these transactions, direct beneficial ownership stands at 24,613.186 shares of common stock, with an additional 2,400 shares held indirectly via a Savings Plan Trustee.
• Beneficially owns 12,684 derivative Restricted Stock Units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful achievement of performance targets for executive compensation, which aligns management incentives with shareholder interests. The disposition of shares for tax purposes is a routine consequence of such vesting.

Positives

• Performance share units (PSUs) vested at a 146% achievement level, indicating strong performance against pre-established goals for return on invested capital, earnings per share growth, and total shareholder return.
• The vesting of both PSUs and time-based restricted stock units (RSUs) demonstrates the successful fulfillment of long-term incentive plan objectives.

Negatives

• A total of 3,977 shares of common stock were disposed of to satisfy tax withholding obligations, reducing direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that the vesting of executive equity awards, particularly performance-based units, is a common practice in the aerospace and defense industry, aligning executive incentives with long-term company performance and shareholder value creation. The achievement of performance goals at 146% for RTX Corp's PSUs suggests strong operational and financial execution relative to its peers and the broader market.

Stakeholder Impact

• Shareholders: Provides transparency into executive stock ownership and compensation, demonstrating that performance targets for long-term incentives were met.
• Employees: May signal a healthy company performance culture where executive incentives are tied to measurable results.

Key Dates

Keywords

RTX Corp, Philip J. Jasper, Form 4, insider transaction, stock vesting, performance share units, restricted stock units, executive compensation, Raytheon, equity awards