L3Harris Officer Files Form 144 Notice to Sell $5.44M in Stock
L3HARRIS TECHNOLOGIES, INC. /DE/
Subscribe to track LHX
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
L3Harris Officer Files Form 144 Notice to Sell $5.44M in Stock
Company: L3Harris Technologies, Inc. (LHX) Form: 144 | Filed: 2026-09-10 Significance: Low
Insider: Christopher Kubasik Title: Officer | Relationship: Officer
Transaction: • Type: Proposed Sale (Form 144) • Shares: 21,916 • Price: ~$248.37 • Value: $5,443,276.92
Key Insight: Officer Christopher Kubasik filed a notice of proposed sale for 21,916 shares ($5.44M total value) held via grantor retained annuity trusts (GRATs).
Market Context: The proposed transaction represents ~0.011% of L3Harris's $49.09B market capitalization, indicating routine estate planning and negligible market impact.
Comprehensive Analysis
SEC Filing Analysis: L3Harris Technologies, Inc. (LHX)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Officer Christopher Kubasik filed a Form 144 notice to sell 21,916 common shares valued at approximately $5.44M via estate planning trusts.
- Market Impact: Neutral; transaction represents approximately 0.01% of market capitalization and total outstanding shares.
Company Information
| Field | Value |
|---|---|
| Company | L3Harris Technologies, Inc. |
| Ticker Symbol | LHX |
| CIK | 0000202058 |
| Industry | Search, Detection, Navigation, Guidance, Aeronautical Systems |
Insider Information
| Field | Value |
|---|---|
| Name | Christopher Kubasik |
| CIK | 0001194001 |
| Title/Position | Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2026-09-10 |
| Transaction Code | S (Proposed Sale) |
| Security Type | Common Stock |
| Shares Involved | 21,916 |
| Price Per Share | ~$248.37 |
| Total Value | $5,443,276.92 |
| Shares Owned After | N/A (Form 144) |
| Ownership Type | Indirect (GRAT Trusts) |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $5,443,276.92 |
| % of Market Cap ($49.09B) | 0.011% |
| Shares Transacted | 21,916 |
| % of Shares Outstanding (186.29M) | 0.012% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a large-cap defense contractor valued at $49.09B, a $5.44M proposed sale represents a routine transaction with minimal market absorption requirements.
- Ownership Concentration: The shares are distributed from estate planning vehicles (KUBASIK, C GRAT BKG 2025 1.0 and 2024 5.0).
- Dilution Impact: None; the transaction involves previously issued shares originating from historical RSU compensation.
Market Impact Analysis
- Direction: Neutral
- Reasoning: The trade volume represents ~0.01% of shares outstanding and is standard estate-planning monetization.
- Expected Volume Impact: Negligible impact on normal daily trading volume.
- Sentiment Indicator: Neutral
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
