STOCK TITAN

L3Harris (LHX) CEO receives major equity grants and exercises options

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

L3Harris Technologies Chairman and CEO Christopher E. Kubasik reported multiple equity-related transactions in company stock. He was granted 48,882 non-qualified stock options and 12,671 restricted stock units, both at no cash cost to him. The options generally vest in three annual installments on 2/26/2027, 2/26/2028, and 2/26/2029, while the restricted stock units are scheduled to vest on 2/26/2029, in each case subject to continued employment and award terms.

On the same date, he exercised 48,245 stock options into common shares and had 18,985 common shares withheld at a price of $355.16 per share to cover the exercise price or tax obligations, a non–open-market, tax-withholding disposition. After these transactions, he directly owned 191,837 common shares and indirectly held 21,916 common shares through a grantor retained annuity trust.

Positive

  • None.

Negative

  • None.
Insider KUBASIK CHRISTOPHER E
Role Chairman and CEO
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (Right to Buy) 48,882 $0.00 --
Grant/Award Restricted Stock Units 12,671 $0.00 --
Exercise Common Stock, Par Value $1.00 48,245 $0.00 --
Tax Withholding Common Stock, Par Value $1.00 18,985 $355.16 $6.74M
holding Common Stock, Par Value $1.00 -- -- --
Holdings After Transaction: Non-Qualified Stock Option (Right to Buy) — 48,882 shares (Direct); Restricted Stock Units — 12,671 shares (Direct); Common Stock, Par Value $1.00 — 210,822 shares (Direct); Common Stock, Par Value $1.00 — 21,916 shares (Indirect, By grantor retained annuity trust)
Footnotes (1)
  1. Settlement of performance stock units granted on 2/24/2023 in shares of common stock following the end of the 3-year performance period. Options to purchase shares of common stock generally vest ratably on 2/26/2027, 2/26/2028, and 2/26/2029 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement. Award of restricted stock units subject to future vesting on 2/26/2029, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares of common stock.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KUBASIK CHRISTOPHER E

(Last) (First) (Middle)
C/O L3HARRIS TECHNOLOGIES, INC.
1025 W. NASA BOULEVARD

(Street)
MELBOURNE FL 32919

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
L3HARRIS TECHNOLOGIES, INC. /DE/ [ LHX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, Par Value $1.00 02/26/2026 M 48,245(1) A $0 210,822 D
Common Stock, Par Value $1.00 02/26/2026 F 18,985 D $355.16 191,837 D
Common Stock, Par Value $1.00 21,916 I By grantor retained annuity trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $355.16 02/26/2026 A 48,882 (2) 02/26/2036(2) Common Stock Par Value $1.00 48,882 $0 48,882 D
Restricted Stock Units $0 02/26/2026 A 12,671 (3) (3) Common Stock, Par Value $1.00 12,671 $0 12,671 D
Explanation of Responses:
1. Settlement of performance stock units granted on 2/24/2023 in shares of common stock following the end of the 3-year performance period.
2. Options to purchase shares of common stock generally vest ratably on 2/26/2027, 2/26/2028, and 2/26/2029 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement.
3. Award of restricted stock units subject to future vesting on 2/26/2029, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares of common stock.
Remarks:
By: /s/ John C. Scarborough, Jr., Attorney-in-Fact For: Christopher E. Kubasik 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did L3Harris (LHX) CEO Christopher Kubasik receive in this Form 4 filing?

Christopher Kubasik received a grant of 48,882 non-qualified stock options and 12,671 restricted stock units. Both awards were granted at no cash cost and are subject to multi-year vesting conditions tied to continued employment and the relevant award agreements.

How many L3Harris (LHX) stock options did the CEO exercise?

The CEO exercised 48,245 stock options into shares of L3Harris common stock. This option exercise converted derivative securities into non-derivative common shares, increasing his direct share holdings before accounting for shares withheld to satisfy exercise price or tax obligations.

Was there an open-market sale of L3Harris (LHX) shares in this Form 4?

No open-market sale is reported. Instead, 18,985 common shares were disposed of at $355.16 per share solely to pay the exercise price or tax liabilities. This is classified as a tax-withholding disposition, not a discretionary sale into the market.

What is Christopher Kubasik’s direct ownership in L3Harris (LHX) after these transactions?

After the reported transactions, Christopher Kubasik directly held 191,837 shares of L3Harris common stock. This figure reflects the net result of his option exercise and the shares withheld to cover exercise price or tax obligations on the transaction date.

Does the L3Harris (LHX) CEO have any indirect share holdings reported?

Yes. The filing shows 21,916 L3Harris common shares held indirectly through a grantor retained annuity trust. These shares are reported as indirect ownership, indicating they are held by the trust rather than in the CEO’s direct personal account.

When do the new L3Harris (LHX) equity awards to the CEO vest?

The stock options generally vest ratably on 2/26/2027, 2/26/2028, and 2/26/2029, subject to continued employment and award terms. The restricted stock units are scheduled to vest on 2/26/2029, with vested units settled in shares of common stock.
L3Harris Technologies Inc

NYSE:LHX

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66.49B
186.03M
Aerospace & Defense
Search, Detection, Navigation, Guidance, Aeronautical Sys
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United States
MELBOURNE