Form 4: RTX CEO Calio Boosts Stake with PSU Vesting

RTX Corp's Chairman, President, and CEO, Christopher T. Calio, acquired 89,710 shares of common stock through the vesting of performance share units, demonstrating strong executive performance.

Summary

• Christopher T. Calio, Chairman, President, and CEO of RTX Corp, acquired 89,710 shares of RTX Common Stock on February 8, 2026.
• This acquisition resulted from the vesting of performance share units (PSUs) awarded on February 8, 2023, under the RTX Long-Term Incentive Plan.
• The PSUs vested due to the achievement of pre-established performance goals, including return on invested capital, earnings per share growth, and total shareholder return relative to the S&P 500 and aerospace & defense peer companies.
• The performance criteria were satisfied at a 146% level over a three-year period ending December 31, 2025.
• Calio also disposed of 210.82 shares and 36,766 shares of Common Stock on the same date, likely for tax withholding purposes, at a price of $198.66 per share.
• Following these transactions, Calio directly owns 134,241.18 shares and indirectly owns 4,410 shares through a Savings Plan Trustee.
• The reported beneficial ownership includes 8,760.18 deferred stock units, which represent deferred PSUs after tax withholding, settling exclusively in shares.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a positive indicator, reflecting strong executive performance tied to company financial and market-based goals, which typically aligns management incentives with shareholder value creation.

Positives

• Vesting of 89,710 performance share units indicates strong achievement of pre-established performance goals by RTX Corp's management.
• Performance criteria were satisfied at a high 146% level, suggesting robust company performance in return on invested capital, EPS growth, and total shareholder return relative to peers.
• The CEO's increased beneficial ownership (even after tax-related dispositions) aligns management's interests with shareholders.

Negatives

• Dispositions of 210.82 shares and 36,766 shares, totaling 36,976.82 shares, occurred for tax withholding purposes, reducing the net shares acquired.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that the vesting of performance-based equity awards for a CEO in the aerospace and defense sector, particularly at a 146% achievement level, signals strong operational and financial execution within a competitive and often cyclical industry. This performance suggests RTX Corp has effectively navigated market conditions and met its strategic objectives relative to its peers and broader market indices like the S&P 500.

Stakeholder Impact

• Shareholders: Positive, as the CEO's increased beneficial ownership aligns interests and the high PSU vesting level suggests strong company performance.
• Employees: May view this as a positive sign of company success and effective leadership.

Key Dates

Recommendation

The filing indicates strong executive performance and alignment of interests through PSU vesting. While positive, a Form 4 filing primarily reports historical transactions and does not provide new forward-looking financial data or strategic shifts that would warrant an immediate 'buy' or 'sell' recommendation. It reinforces a 'hold' position for investors already in RTX, suggesting continued confidence in management's ability to execute.

Keywords

RTX Corp, RTX, Christopher T. Calio, Form 4, Insider Trading, Beneficial Ownership, Performance Share Units, PSU Vesting, Executive Compensation, Stock Acquisition, Aerospace & Defense