CANTILLON JOHN P 4

What Happened

John P. Cantillon, Vice President and Principal Accounting Officer of L3Harris Technologies (LHX), received two equity awards on February 26, 2026: a grant of 1,630 stock options and an award of 423 restricted stock units (RSUs). Both awards were reported at $0.00 on the Form 4 (typical for grants), so no cash was paid by the insider at grant. The RSUs represent contingent rights to receive one share per unit upon vesting.

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02. The filing is not flagged as late in the report.
• Awards: 1,630 options (derivative, $0.00) and 423 RSUs (derivative, $0.00).
• Vesting/terms (from filing footnotes):
  • Options (F1): generally vest ratably on 2/26/2027, 2/26/2028 and 2/26/2029 and remain exercisable subject to continued employment and award terms.
  • RSUs (F2): vest on 2/26/2029, subject to continued employment; each RSU converts to one share when vested.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No sale, purchase, exercise-for-cash, or tax-withholding event reported — these were standard equity grants.

Context for Retail Investors

• These grants are compensation awards, not open-market purchases or sales; they are common for employee compensation and do not by themselves indicate immediate buying or selling sentiment.
• Options are derivative awards that give the right to buy shares later (subject to vesting and exercise), while RSUs convert to actual shares only if/when they vest.
• Monitor future Form 4s for any exercises or sales that convert these derivatives into shares or cash.