Form 8-K · Current Report · Filed 2024-11-27
Christopher E. Kubasik Establishes Rule 10b5-1 Plan for Stock Sales
On November 26, 2024, Christopher E. Kubasik, Chair and Chief Executive Officer of L3Harris Technologies, Inc., established a Rule 10b5-1 plan to automatically exercise certain employee stock options and sell shares of the Company's common stock issued upon exercise of such options. The plan covers vested options to purchase 112,138 shares granted in February 2017, with sales commencing in March 2025 and ending no later than March 25, 2025, subject to minimum price thresholds. This plan adheres to the Company's policies regarding transactions in its securities by executives and was established during the Company's open trading window. Transactions under the plan will be disclosed publicly through Form 4 and Form 144 filings with the U.S. Securities and Exchange Commission.
- Filer
- L3Harris Technologies Inc. LHX · NYSE
- Filed
- Accession
- 0000202058-24-000180
- CIK
- 0000202058
- Signal
- Medium impactIndustrials
- Source
- Official filing on sec.gov ↗
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About L3Harris Technologies Inc.
L3Harris Technologies Inc. is a leading aerospace and defense technology company offering solutions that impact security, communications, and infrastructure worldwide. Formed through the merger of L3 Technologies and Harris Corporation, L3Harris provides advanced defense systems, communication systems, and electronic systems to government and commercial customers. The company operates across various sectors including space and airborne systems, intelligence and cybersecurity, and aviation systems. It plays a pivotal role in enhancing national security through its innovative products and services, which include tactical communications, geospatial systems, avionics, and cyber security solutions. L3Harris is seen as a crucial player in the global defense industry, contributing to modernizing military capabilities and ensuring strategic technological advancements in aerospace exploration and defense operations. Its operations and technologies are integral to maintaining the functionality and security of critical infrastructure worldwide, with a commitment to meeting the evolving demands of security and defense industries.
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