L3Harris CEO Proposes $4.42M Common Stock Sale Under Form 144
L3HARRIS TECHNOLOGIES, INC. /DE/
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Filing Summary
L3Harris CEO Proposes $4.42M Common Stock Sale Under Form 144
Company: L3Harris Technologies, Inc. (LHX)
Form: Form 144 | Filed: 2026-09-11
Significance: Low
Insider: Christopher Kubasik Title: Officer | Relationship: Officer
Proposed Transaction: • Type: Proposed Sale • Shares: 18,000 • Price / Unit: ~$245.54 • Aggregate Value: $4,419,720
Key Insight: Officer Christopher Kubasik filed notice of proposed sale for 18,000 shares originally acquired as RSU compensation. Represents <0.01% of total shares outstanding.
Market Context: Routine liquidity event following RSU vesting in a $49.09B market-cap defense and aerospace contractor.
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 18,000 shares of common stock valued at approximately $4.42M.
- Market Impact: Neutral, as the transaction represents less than 0.01% of total market capitalization.
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 | Form 144 |
| Transaction Date | 2026-09-11 |
| Transaction Code | S (Proposed) |
| Security Type | Common Stock |
| Shares Involved | 18,000 |
| Price Per Share | ~$245.54 |
| Total Value | $4,419,720 |
| Shares Owned After | null |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $4,419,720 |
| % of Market Cap | 0.009% |
| Shares Transacted | 18,000 |
| % of Shares Outstanding | 0.0097% |
| Post-Transaction Ownership | null |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Against a large-cap valuation of $49.09 billion, a $4.42M transaction is standard executive compensation monetization.
- Ownership Concentration: Minimal relative to the 186.29M shares outstanding.
- Dilution Impact: The shares were previously issued under compensation (RSUs) on February 26, 2026.
- Transaction Significance: Low materiality given that total shares represent under 0.01% of common stock outstanding.
Market Impact Analysis
- Direction: Neutral
- Reasoning: Standard Form 144 filing for RSU vesting liquidation through Goldman Sachs & Co. LLC.
- Expected Volume Impact: Negligible compared to average daily trading volume.
- Sentiment Indicator: Neutral
Additional Context
- Timing: Approximate sale date noted as September 11, 2026, following prior reported sales of 21,916 shares on September 10, 2026 ($5.47M total gross proceeds).
- Special Circumstances: Securities originally acquired as equity compensation / restricted stock units.
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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.