L3Harris (LHX) exec Mehta sells shares and receives new stock, RSU awards
Rhea-AI Filing Summary
L3Harris Technologies executive Samir Mehta reported mixed equity activity in company stock. On March 2, 2026, he completed an open‑market sale of 5,528 shares of common stock at $370.32 per share, leaving him with 7,756.07 shares of directly held common stock.
On February 26, 2026, Mehta received a grant of 10,320 non‑qualified stock options at an exercise price of $0.00, which generally vest in three equal installments on February 26 of 2027, 2028, and 2029. He also was awarded 2,675 restricted stock units scheduled to vest on February 26, 2029, each representing one share of common stock upon vesting.
That same day, he acquired 9,115 shares of common stock through the exercise or conversion of a derivative security, and 3,587 shares were disposed of to cover exercise price or tax obligations, resulting in 13,284.07 shares directly held immediately after that set of transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, Par Value $1.00 | 5,528 | $370.32 | $2.05M |
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 10,320 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,675 | $0.00 | -- |
| Exercise | Common Stock, Par Value $1.00 | 9,115 | $0.00 | -- |
| Tax Withholding | Common Stock, Par Value $1.00 | 3,587 | $355.16 | $1.27M |
Footnotes (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.