L3Harris Technologies Director Joanna Geraghty Receives Deferred Stock Units
L3HARRIS TECHNOLOGIES, INC. /DE/
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Filing Summary
📊 Form 4 Filing: L3HARRIS TECHNOLOGIES, INC. ($LHX) Insider: Joanna Geraghty (Director) Type: Acquisition (Award/Deferral) Shares: 183.51 @ $238.40 (~$43,748.78) Post-Transaction Holdings: 5,912.68 shares Significance: Low (Quarterly director retainer deferral into phantom stock units)
Comprehensive Analysis
Executive Summary
On October 2, 2026, L3Harris Technologies, Inc. (NYSE: LHX) filed a Form 4 reporting an acquisition by Director Joanna Geraghty. On October 1, 2026, Geraghty was credited with 183.51 phantom stock units at an equivalent price of $238.40 per share, totaling approximately $43,748.78.
Transaction Details
- Security: Common Stock, Par Value $1.00
- Transaction Code: 'A' (Grant, award, or other acquisition pursuant to an employee benefit plan)
- Shares Acquired: 183.51
- Price Per Share: $238.40
- Total Value: $43,748.78
- Beneficial Ownership Post-Transaction: 5,912.68 shares (includes 21.03 units acquired via dividend credits)
Strategic Context & Significance
This transaction reflects a standard quarterly credit under the L3Harris Technologies, Inc. 2019 Non-Employee Director Compensation Plan. Pursuant to a prior election, the reporting person elected to defer quarterly non-employee director cash retainers into phantom stock units settled solely in common stock upon separation from service. Given that this is an automatic deferral of director fees rather than an open-market transaction, the trading significance is categorized as Low.
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