Executive Chairman Hayes Gregory exercised 400,062 shares at a strike of $78.04, returned $31,220,006 worth of shares to the company (265,175 units at $117.73) and sold $15,880,937 worth of shares (134,887 units at $117.74) (SEC Form 4)
$RTX
Aerospace
Industrials
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
RTX Corp [ RTX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/31/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 07/31/2024 | M | 271,521(1) | A | $76 | 838,244 | D | |||
| Common Stock | 07/31/2024 | M | 128,541(1) | A | $82.35 | 966,785 | D | |||
| Common Stock | 07/31/2024 | D | 13,891 | D | $117.74 | 952,894 | D | |||
| Common Stock | 07/31/2024 | D | 16,123 | D | $117.84 | 936,771 | D | |||
| Common Stock | 07/31/2024 | D | 16,135 | D | $117.75 | 920,636 | D | |||
| Common Stock | 07/31/2024 | D | 16,139 | D | $117.72 | 904,497 | D | |||
| Common Stock | 07/31/2024 | D | 16,146 | D | $117.67 | 888,351 | D | |||
| Common Stock | 07/31/2024 | D | 17,490 | D | $117.71 | 870,861 | D | |||
| Common Stock | 07/31/2024 | D | 17,492 | D | $117.69 | 853,369 | D | |||
| Common Stock | 07/31/2024 | D | 17,506 | D | $117.6 | 835,863 | D | |||
| Common Stock | 07/31/2024 | D | 32,258 | D | $117.8 | 803,605 | D | |||
| Common Stock | 07/31/2024 | D | 32,260 | D | $117.79 | 771,345 | D | |||
| Common Stock | 07/31/2024 | D | 32,282 | D | $117.71 | 739,063 | D | |||
| Common Stock | 07/31/2024 | D | 37,453 | D | $117.72 | 701,610 | D | |||
| Common Stock | 07/31/2024 | S | 38,600 | D | $117.699(2) | 663,010 | D | |||
| Common Stock | 07/31/2024 | S | 96,287 | D | $117.7496(3) | 566,723 | D | |||
| Common Stock | 1,096 | I | By Children's Trust Accounts | |||||||
| Common Stock | 12,795 | I | By Savings Plan Trustee | |||||||
| Common Stock | 874 | I | By Spouse | |||||||
| Common Stock | 2,868 | I | By Spouse's Savings Plan Account | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Appreciation Right | $76 | 07/31/2024 | M | 271,521 | 01/02/2021 | 01/01/2028 | Common Stock | 271,521 | $0.0000 | 0.0000 | D | ||||
| Stock Appreciation Right | $82.35 | 07/31/2024 | M | 128,541 | 01/03/2020 | 01/02/2027 | Common Stock | 128,541 | $0.0000 | 0.0000 | D | ||||
| Explanation of Responses: |
| 1. The Stock Appreciation Rights (SARs) were settled in shares in accordance with the terms of the award. For Section 16 reporting purposes, the exercise of SARs for stock is treated as an exempt acquisition of the shares underlying the SARs at the exercise price per share specified in the award of SARs and a simultaneous sale back to the issuer of a number of the underlying shares having a value, based on the market price of the issuer's stock on the date of the exercise, equal to the product of the number of underlying SARs times the exercise price per share. |
| 2. The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $117.6603 to $117.7350 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request. |
| 3. The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $117.6706 to $117.8900 per share. Full information regarding the number of shares sold at each separate price is available to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer upon request. |
| /s/ Edward G. Perrault as Attorney-in-Fact | 08/01/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||