Form 4: RTX Corp Executive Troy D. Brunk Reports Stock Transactions
SEC Form 4 Filing
Troy D. Brunk, President of Collins Aerospace at RTX Corp, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On October 1, 2024, Troy D. Brunk, President of Collins Aerospace at RTX Corp, reported transactions involving RTX Corp common stock.
- These transactions included the vesting of 103 restricted stock units (RSUs) and the disposal of 103 shares to cover tax obligations.
- Following these transactions, Brunk directly owns 2,889.7298 shares of RTX Corp common stock and indirectly owns 2,302 shares through a savings plan trustee.
- He also directly owns 19,740 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity. It is standard practice for executives to receive and vest stock options and RSUs as part of their compensation packages.
Key Dates
| Date | Description |
|---|---|
| February 8, 2023 | Date of original award of Restricted Stock Units (RSUs). |
| October 1, 2024 | Date of RSU vesting and stock transactions. |
| October 3, 2024 | Date of signature for the Form 4 filing. |
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