Form 4: RTX Corp Executive Ramsaran Maharajh Reports Stock Transactions
SEC Form 4 Filing
EVP and General Counsel of RTX Corp, Ramsaran Maharajh, reports the exercise of stock appreciation rights and the sale of common stock on February 25, 2025.
Summary
- On February 25, 2025, Ramsaran Maharajh, EVP and General Counsel of RTX Corp, engaged in multiple transactions involving RTX common stock.
- Maharajh exercised stock appreciation rights (SARs) that were settled in shares, acquiring 16,696 shares at a price of $76 and 7,831 shares at a price of $82.35.
- Simultaneously, Maharajh sold 9,431 shares at an average price of $126.8104 and 10,000 shares at an average price of $126.8304.
- Additionally, 15,096 shares were disposed of at $126.77.
- Following these transactions, Maharajh directly owns 14,646 shares of RTX common stock and indirectly owns 3,850 shares through a savings plan trustee.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 01/03/2020 | Date of Stock Appreciation Right |
| 01/02/2021 | Date of Stock Appreciation Right |
| 01/01/2028 | Expiration Date of Stock Appreciation Right |
| 01/02/2027 | Expiration Date of Stock Appreciation Right |
| 02/25/2025 | Date of transactions: Exercise of SARs and sale of common stock |
| 02/27/2025 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.