Trust tied to L3Harris (NYSE: LHX) director shifts share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L3Harris Technologies director Robert B. Millard reported changes in indirect ownership of company stock tied to a grantor retained annuity trust. On February 6, 2026, the trust transferred 5,770 shares of common stock to its beneficiaries as part of its termination.
According to the filing, 21,686 additional shares were transferred to the settlor under the trust’s terms on the same date, and the trust now reports indirect beneficial ownership of 181,972 shares. Millard also reports 11,133.65 shares held directly and 36,629 shares held indirectly through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,770 shares gifted
Mixed
3 txns
Insider
MILLARD ROBERT B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, Par Value $1.00 | 5,770 | $0.00 | -- |
| holding | Common Stock, Par Value $1.00 | -- | -- | -- |
| holding | Common Stock, Par Value $1.00 | -- | -- | -- |
Holdings After Transaction:
Common Stock, Par Value $1.00 — 181,972 shares (Indirect, By grantor retained annuity trust);
Common Stock, Par Value $1.00 — 11,133.65 shares (Direct)
Footnotes (1)
- Upon termination of a grantor retained annuity trust, the trust transferred 5,770 shares to beneficiaries of the trust. 21,686 shares were also transferred to the settlor pursuant to the terms of the trust on 2/6/2026. Includes 21,686 shares previously reported as indirectly owned through a grantor retained annuity trust.
FAQ
What insider transaction did L3Harris (LHX) report for Robert B. Millard?
L3Harris director Robert B. Millard reported a trust-related transfer of 5,770 common shares on February 6, 2026. The transfer occurred upon termination of a grantor retained annuity trust, moving shares from the trust to its beneficiaries and the settlor.
What indirect L3Harris (LHX) holdings does Robert B. Millard report through family entities?
Beyond the grantor retained annuity trust, Millard reports 36,629 L3Harris shares held indirectly through a family trust. These indirect positions are in addition to his directly held shares and the substantial balance remaining in the grantor retained annuity trust.