Form 4: RTX Corp Director Robert Kelly Ortberg Reports Sale of Common Stock
SEC Form 4
RTX Corp Director Robert Kelly Ortberg reported the sale of 10,294.507 shares of common stock at a price of $101.9701 per share on April 30, 2024.
Summary
- On April 30, 2024, Robert Kelly Ortberg, a director of RTX Corp, sold 10,294.507 shares of common stock.
- The sale price was $101.9701 per share.
- Following the transaction, Ortberg directly owns 129,120 shares of RTX Corp common stock.
- Ortberg also indirectly owns 6,802 shares through a savings plan trustee.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 2023-09-07 | Date of Power of Attorney execution. |
| 2024-04-30 | Date of stock sale transaction. |
| 2024-05-02 | Date of Form 4 filing. |
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