L3Harris CEO Files Intent to Sell $4.3M in Stock via 10b5-1 Plan
L3HARRIS TECHNOLOGIES, INC. /DE/
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Filing Summary
L3Harris CEO Files Intent to Sell $4.3M in Stock via 10b5-1 Plan
Company: L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) Form: 144 | Filed: 2025-11-13 Significance: Low
Insider: KUBASIK CHRISTOPHER E Title: Officer, Director | Relationship: Officer, Director
Transaction: • Type: Proposed Sale • Shares: 14,171 • Value: $4,266,179.55 • Approx. Price: $301.05
Key Insight: This is a notice of a proposed sale by the CEO under a pre-arranged 10b5-1 trading plan. The transaction size is negligible relative to the company's $55.55B market cap.
Market Context: The sale is planned and represents a very small fraction (0.0077%) of the company's market value, indicating it is likely for personal financial planning rather than a change in outlook.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The CEO of L3Harris has filed a notice of a proposed sale of common stock valued at approximately $4.3 million, executed under a pre-established 10b5-1 trading plan.
- Market Impact: The transaction is of low materiality and is unlikely to have a significant impact on the stock price.
Company Information
| Field | Value |
|---|---|
| Company | L3HARRIS TECHNOLOGIES, INC. /DE/ |
| Ticker Symbol | LHX |
| CIK | 0000202058 |
| Industry | Search, Detection, Navigation, Guidance, Aeronautical Sys |
Insider Information
| Field | Value |
|---|---|
| Name | KUBASIK CHRISTOPHER E |
| CIK | 0001194001 |
| Title/Position | Officer, Director |
| Relationship | Officer, Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 (Notice of Proposed Sale) |
| Transaction Date | Approx. 2025-11-13 |
| Transaction Code | S |
| Security Type | Common |
| Shares Involved | 14,171 |
| Total Value | $4,266,179.55 |
| Shares Owned After | Not Specified |
| Ownership Type | Not Specified |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $4,266,179.55 |
| % of Market Cap | 0.0077% |
| Shares Transacted | 14,171 |
| % of Shares Outstanding | 0.0076% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a mega-cap company with a market capitalization of $55.55 billion, this $4.3 million transaction is financially immaterial.
- Transaction Significance: The sale represents a negligible fraction of both the company's market value and its total shares outstanding, categorizing it as a routine disposition for an executive.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The sale is small in scale and conducted under a 10b5-1 plan, which was adopted on June 13, 2025. This indicates the sale was pre-planned and not based on recent material non-public information.
Volume & Sentiment
- Expected Volume Impact: Minimal. The number of shares is too small to affect trading volume significantly.
- Sentiment Indicator: Neutral. Pre-planned sales by executives are common for liquidity and diversification and typically do not signal a change in the insider's confidence in the company.
Additional Context
Transaction Notes
- Special Circumstances: The sale is being made pursuant to a Rule 10b5-1 trading plan, reducing its informational value. The filing also notes a previous sale of 83,000 shares in the past three months, making this transaction comparatively smaller.
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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.
