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RTX Corp — Director's Dealing 2024
Feb 12, 2024
29781_dirs_2024-02-12_e1c31cfc-2aa3-4b2a-a584-c710fcfead71.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RTX Corp (RTX)
CIK: 0000101829
Period of Report: 2024-02-08
Reporting Person: Maharajh Ramsaran (EVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-08 | Common Stock | M | 4266.0000 | — | Acquired | 11998.0000 | Direct |
| 2024-02-08 | Common Stock | A | 3554.0000 | $91.0400 | Acquired | 15552.0000 | Direct |
| 2024-02-08 | Common Stock | F | 1131.0000 | $91.0400 | Disposed | 14421.0000 | Direct |
| 2024-02-08 | Common Stock | F | 1237.0000 | $91.0400 | Disposed | 13184.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-08 | Restricted Stock Units | $ | M | 4266.0000 | Disposed | Common Stock (4266.0000) | Direct | |
| 2024-02-08 | Stock Appreciation Right | $91.0400 | A | 55000.0000 | Acquired | 2034-02-07 | Common Stock (55000.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3729.0000 | Indirect |
Footnotes
F1: Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
F2: The acquisition of shares of RTX Common Stock represents the vesting of performance share units (PSUs) awarded to the reporting person on February 8, 2021, under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vested solely upon achievement of pre-established performance goals for RTX's return on invested capital and earnings per share growth over a one-year performance period, which ended on December 31, 2021 (followed by a two-year holding period), and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period, which ended on December 31, 2023. The performance criteria were satisfied at the 143% level.
F3: Vesting of RSUs and delivery of shares with respect to the RSUs originally awarded on February 8, 2021.
F4: This number reflects only stock appreciation rights (SARs) with these specific grant details and does not include other SARs. In addition to the SARs and not included in this number, the reporting person was also awarded 19,775 PSUs under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's return on invested capital, earnings per share growth and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period.