Fredric Reynolds - May 2, 2023 Form 4 Insider Report for RAYTHEON TECHNOLOGIES CORP (RTX)

Role: Director
Signature: /s/ Michelle G. Gewandter, as Attorney-In-Fact
Stock symbol: RTX
Transactions as of: May 2, 2023
Transactions value $: $219,000
Form type: 4
Date filed: 5/4/2023, 05:06 PM
Previous filing: Jun 1, 2022
Next filing: May 31, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RTX	Phantom Stock Unit	Award	$219K	+2.22K	+14.23%	$98.87	17.8K	May 2, 2023	Common Stock	2.22K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person acquired these stock units under the Raytheon Technologies Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.

Content

The reporting person acquired these stock units under the Raytheon Technologies Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in deferred stock units. Upon retirement or termination, the deferred stock units in the director's account under the Plan are converted into an equal number of shares of common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.