L3Harris Technologies Officer Accrues Phantom Stock Units via Retirement Plan

Executive Summary

On October 2, 2026, L3Harris Technologies, Inc. ($LHX) reported an SEC Form 4 transaction for Kenneth L. Bedingfield, President, Missile Solutions. The filing details an acquisition of 26.94 phantom stock units at a price of $238.40 per share on October 1, 2026, totaling approximately $6,422.50.

Transaction Details

• Security: Phantom Stock Units (convertible on a 1-for-1 basis into common stock equivalents settled in cash upon retirement/specified events).
• Transaction Code: 'A' (Grant, award, or other acquisition under an employee benefit plan).
• Plan: Accrued under the Issuer's Excess Retirement Savings Plan.
• Direct/Indirect: Direct ownership.
• Ending Holdings: 381.18 phantom stock units (which includes 1.86 units acquired via dividend credits).

Market and Trading Impact

This transaction reflects routine, plan-based deferrals into the company's Excess Retirement Savings Plan rather than a discretionary open-market purchase. Due to the small transaction value ($6,422.50) and its programmatic non-derivative/deferred compensation nature, this transaction has Low trading significance and conveys minimal directional signal to market participants.