Form 4: RTX Corp Executive Ramsaran Maharajh Reports Stock Transactions
SEC Form 4 Filing
EVP and General Counsel of RTX Corp, Ramsaran Maharajh, reports acquisition and disposal of common stock and stock appreciation rights on July 26, 2024.
Summary
- On July 26, 2024, Ramsaran Maharajh, EVP and General Counsel of RTX Corp, engaged in transactions involving RTX Corp common stock and stock appreciation rights (SARs).
- Maharajh acquired 5,958 shares of common stock through the settlement of stock appreciation rights at a price of $71.01.
- Simultaneously, Maharajh disposed of 2,270 shares at a weighted average price of $114.714, with prices ranging from $114.712 to $114.73 per share.
- An additional 3,688 shares were disposed of at $114.71 per share.
- Following these transactions, Maharajh directly owns 13,184 shares of common stock and indirectly owns 3,763 shares through a savings plan trustee.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a factual report.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company executives. It is a standard practice required by the SEC to prevent insider trading and maintain market integrity.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding executive sentiment and company performance, though the impact is likely minimal given the nature of the filing.
Key Dates
| Date | Description |
|---|---|
| 01/04/2019 | Date Stock Appreciation Right was exercisable |
| 01/03/2026 | Expiration date of Stock Appreciation Right |
| 07/26/2024 | Date of transactions involving common stock and stock appreciation rights |
| 07/30/2024 | Date of signature on the Form 4 filing |
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