RTX EVP & Chief HR Officer Exercises SARs and Sells $1.83M in Stock

Executive Summary

On October 30, 2026, Dantaya M. Williams, Executive Vice President and Chief Human Resources Officer of RTX Corp ($RTX), executed a Stock Appreciation Right (SAR) exercise and subsequent stock disposition transaction reported via Form 4 on November 3, 2026.

Transaction Breakdown

1. SAR Exercise:
   • Exercised 17,000 SARs with a grant strike price of $94.04 (expiring February 14, 2032).
   • 31,400 SARs remain unexercised under this position.
2. Settlement and Cost Coverage:
   • 7,929 shares were surrendered back to the issuer at $201.62 per share (total value of ~$1,598,645) to cover the underlying exercise cost in accordance with plan terms.
3. Open Market Sale:
   • The remaining balance of 9,071 shares was sold in the open market at a weighted-average price of $201.6951 per share, generating gross proceeds of approximately $1,829,576.25.

Ownership Structure Post-Transaction

• Direct Ownership: 16,930.46 shares of Common Stock.
• Indirect Ownership: 5,079 shares held via the company's Savings Plan Trustee.

Significance and Context

This transaction represents routine monetization following an equity award exercise. Because the sale was executed immediately upon SAR settlement to realize accrued equity compensation gains rather than an unprompted liquidation of long-held core shares, the signaling value to the broader market is considered Medium.