Form 4: RTX Corp Executive Philip Jasper Sells Shares on July 29, 2024

Philip Jasper, President of Raytheon, sold 12,232 shares of RTX Corp stock at an average price of $113.6475 on July 29, 2024.

Summary

• On July 29, 2024, Philip Jasper, President of Raytheon, sold 12,232 shares of RTX Corp common stock.
• The sale was executed at a weighted average price of $113.6475 per share.
• Following the transaction, Jasper directly owns 11,251.186 shares of RTX Corp common stock.
• Jasper also indirectly owns 2,217 shares through a savings plan trustee.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. It is important to monitor insider transactions as they can provide insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.

Key Dates