Form 4: RTX Corp Director Acquires Stock Units as Part of Deferred Compensation Plan

Director Tracy A. Atkinson acquired stock units in RTX Corp as part of the company's deferred compensation plan for non-employee directors.

Summary

• On May 1, 2025, Tracy A. Atkinson, a director of RTX Corp, acquired 1,789.4985 phantom stock units under the RTX Corporation Board of Directors Deferred Stock Unit Plan.
• The acquisition is related to Atkinson's annual compensation for service as a non-employee director.
• The price of the derivative security was $127.41.
• Following the reported transaction, Atkinson beneficially owns 15,124.9462 derivative securities.
• These deferred stock units will be converted into an equal number of shares of common stock upon retirement or termination, distributed either in a lump-sum or in installments, based on the director's prior election.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stable corporate governance practices. It is neither overwhelmingly positive nor negative.

Positives

• The acquisition of stock units by a director demonstrates alignment with shareholder interests.
• The deferred stock unit plan provides a mechanism for long-term compensation and retention of non-employee directors.

Future Outlook

Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.

Industry Context

Deferred stock unit plans are a common method of compensating non-employee directors, aligning their interests with the long-term performance of the company.

Comparison to Industry Standards

• Many large corporations use deferred stock unit plans as part of their director compensation packages.
• These plans are designed to incentivize directors to focus on long-term value creation.
• The specifics of these plans, such as vesting schedules and distribution methods, can vary widely among companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with long-term company performance.

Key Dates

Keywords

RTX Corp, Director Compensation, Deferred Stock Units, Form 4, Insider Transaction, Stock Units, Tracy A. Atkinson