Form 4: RTX Corp Director Acquires Phantom Stock Units

Denise L. Ramos, a Director at RTX Corp, acquired 1,959.4479 phantom stock units under the company's deferred stock unit plan.

Summary

• Director Denise L. Ramos acquired 1,959.4479 phantom stock units on April 30, 2026.
• These units were granted under the RTX Corporation Board of Directors Deferred Stock Unit Plan as part of her annual compensation for service as a non-employee director.
• The plan allows for a portion of annual compensation to be paid in deferred stock units, which convert to common stock upon retirement or termination.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine compensation transaction for a director rather than a significant strategic event or financial performance indicator.

Positives

• Director compensation is being provided in the form of equity-linked instruments, aligning director interests with shareholders.
• The acquisition of phantom stock units indicates continued engagement and compensation for a key director.

Future Outlook

The filing does not contain forward-looking statements or guidance. It reports a transaction that occurred on April 30, 2026.

Industry Context

StockSavvy.ai notes that the use of phantom stock units and deferred stock plans is a common practice among large-cap aerospace and defense companies like RTX Corp to attract and retain experienced directors and align their compensation with long-term company performance.

Stakeholder Impact

• Shareholders: The compensation structure aligns director interests with shareholder value through equity-based awards.
• Employees: This filing does not directly impact employees, but reflects the company's compensation practices for its board.
• Creditors: No direct impact on creditors is indicated by this transaction.

Next Steps

• The phantom stock units will convert into an equal number of shares of common stock upon retirement or termination of the reporting person.
• Distribution of common stock will occur either in a lump-sum or in installments, based on the director's previous election.

Key Dates

Keywords

RTX Corp, Form 4, Director Compensation, Phantom Stock Units, Deferred Stock Units, Equity Compensation, SEC Filing