Form 4: RTX Corp Director Acquires Stock Units
Statement of Changes in Beneficial Ownership
Ellen M. Pawlikowski, a Director at RTX Corp, acquired 1,260.8622 phantom stock units under the company's deferred stock unit plan.
Summary
- Ellen M. Pawlikowski, a Director of RTX Corp, acquired 1,260.8622 phantom stock units on April 30, 2026.
- These units were acquired 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.
- Following this transaction, Pawlikowski beneficially owns 16,792.0021 shares of common stock, with the acquired units being directly held.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation-related transaction for a director rather than a significant strategic event.
Positives
- Director compensation is being provided in a form that aligns with common stock ownership, potentially incentivizing long-term value creation.
- The acquisition of stock units indicates continued commitment and participation by a board member in the company's equity.
Future Outlook
The filing does not contain forward-looking statements or guidance. The phantom stock units are subject to conversion into common stock upon retirement or termination, with distribution options elected by the director.
Industry Context
StockSavvy.ai notes that the use of deferred stock units for director compensation is a common practice in the aerospace and defense industry, aligning director interests with shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Ellen M. Pawlikowski granted power of attorney to specific individuals to execute and file SEC reports (Forms 3, 4, 5, 144) on her behalf regarding RTX Corporation securities. | 09/12/2025 | Facilitates timely and accurate reporting of beneficial ownership changes by enabling designated representatives to act on the director's behalf. |
Related Party Transactions
- The acquisition of phantom stock units by Director Ellen M. Pawlikowski under the RTX Corporation Board of Directors Deferred Stock Unit Plan is a form of compensation related to her directorship.
Stakeholder Impact
- Shareholders: The transaction reflects a standard compensation practice, potentially aligning director interests with long-term shareholder value.
- Employees: No direct impact on employees is indicated by this filing.
- Management: The filing is a routine disclosure related to board compensation.
Next Steps
- Conversion of phantom stock units into common stock upon retirement or termination of Ellen M. Pawlikowski.
- Distribution of common stock in a lump-sum or installments as per the director's previous election.
Key Dates
| Date | Description |
|---|---|
| 09/12/2025 | Date of execution for the Power of Attorney document. |
| 04/30/2026 | Transaction date for the acquisition of phantom stock units. |
| 05/04/2026 | Date of signature for the Form 4 filing. |
Keywords
RTX Corp, Form 4, Director Compensation, Stock Units, Deferred Stock Units, Beneficial Ownership, SEC Filing
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