secwatch.observer — SEC 8-K summary
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Issuer:     L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)
CIK:        0000202058
Form:       8-K
Filed at:   2026-07-24T20:06:26+00:00
Accession:  0000202058-26-000047
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

L3Harris grants $25M in performance-based equity awards to three top executives
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- Special one-time equity awards approved for CFO Sharp ($5M), Bedingfield ($10M), Mehta ($10M).
- Awards are 50% PSUs and 50% RSUs, cliff-vest at end of FY2029, subject to continued employment.
- PSUs tied to compounded organic revenue growth (50% weight) and avg segment operating margin (50% weight) over FY2027-2029.
- Payout range 0%-200% of target; pro-rata vesting on involuntary termination without cause.
- No vesting on voluntary termination or retirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/202058/000020205826000047/0000202058-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/202058/000020205826000047/hrs-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000202058-26-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer