Form 4: RTX Corp Executive Dantaya M Williams Reports Acquisition of Stock Appreciation Rights

Dantaya M Williams, EVP & Chief HR Officer of RTX Corp, reports the acquisition of 32,500 stock appreciation rights (SARs) with an exercise price of $128.78.

Summary

• On February 6, 2025, Dantaya M Williams, EVP & Chief HR Officer of RTX Corp, reported acquiring 32,500 stock appreciation rights (SARs).
• The exercise price for these SARs is $128.78.
• The SARs become exercisable on February 6, 2028, and expire on February 5, 2035.
• Williams also holds 13,980 performance share units (PSUs) under the RTX Long-Term Incentive Plan, which vest based on the achievement of pre-established performance goals.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The vesting of the 13,980 performance share units (PSUs) is contingent upon RTX achieving pre-established performance goals related to return on invested capital, earnings per share growth, and total shareholder return over a three-year period.

Industry Context

Executive compensation packages often include stock appreciation rights and performance share units to align management's interests with those of shareholders and incentivize long-term value creation.

Stakeholder Impact

• The acquisition of stock appreciation rights and performance share units by a key executive aligns their interests with those of shareholders, potentially incentivizing actions that increase shareholder value.

Key Dates