Form 4: RTX Corp: Director Acquires Stock Units
Insider Transaction Report
RTX Corp director George Oliver acquired 1,260.8622 phantom stock units under the company's deferred stock unit plan.
Summary
- George Oliver, a Director at RTX Corp, acquired 1,260.8622 phantom stock units on April 30, 2026.
- These units were awarded as part of his annual compensation for service as a non-employee director.
- The RTX Corporation Board of Directors Deferred Stock Unit Plan allows for compensation to be paid in deferred stock units.
- Upon retirement or termination, these units convert into an equal number of common stock shares.
- The reporting person has elected to receive these shares in a lump-sum or installments.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard director compensation transaction without indicating significant positive or negative developments for the company.
Positives
- Director compensation is being provided in the form of equity, aligning director interests with shareholders.
- The deferred stock unit plan offers flexibility in how compensation is received upon termination or retirement.
Future Outlook
The filing does not contain forward-looking statements or guidance regarding future financial performance. It details a transaction related to director compensation.
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, aiming to align executive and director interests with long-term shareholder value.
Stakeholder Impact
- Shareholders: The acquisition of stock units by a director reinforces alignment of interests between management and shareholders.
- Employees: This filing does not directly impact employees, but reflects the company's compensation structure for its board.
- Creditors: No direct impact on creditors is indicated by this transaction.
Next Steps
- Upon retirement or termination, the deferred stock units will be converted into common stock shares.
- Distribution of common stock shares will occur either in a lump-sum or in installments, as per the director's prior election.
Key Dates
| Date | Description |
|---|---|
| 09/12/2025 | Date of Power of Attorney execution by George R. Oliver. |
| 04/30/2026 | Transaction Date for acquisition of phantom stock units. |
| 05/04/2026 | Date of filing for the Form 4 statement. |
Keywords
RTX Corp, Form 4, Director Compensation, Deferred Stock Units, Equity Compensation, Insider Transaction, Securities Exchange Act
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