Philip J. Jasper - Jan 7, 2024 Form 3 Insider Report for RTX Corp (RTX)

Role
President, Raytheon
Signature
/s/ Michelle G. Gewandter, as Attorney-In-Fact
Stock symbol
RTX
Transactions as of
Jan 7, 2024
Transactions value $
$0
Form type
3
Date filed
1/17/2024, 05:37 PM
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RTX Common Stock 12.2K Jan 7, 2024 Direct
holding RTX Common Stock 2.2K Jan 7, 2024 By Savings Plan Trustee

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
holding RTX Restricted Stock Units Jan 7, 2024 Common Stock 12.2K Direct F1
holding RTX Restricted Stock Units Jan 7, 2024 Common Stock 7.3K Direct F2
holding RTX Restricted Stock Units Jan 7, 2024 Common Stock 2.84K Direct F2
holding RTX Restricted Stock Units Jan 7, 2024 Common Stock 2.89K Direct F2
holding RTX Rockwell NQSP Jan 7, 2024 Common Stock 4.55K Direct F3
holding RTX SRP Stock Unit Jan 7, 2024 Common Stock 1.26K Direct F4
holding RTX Stock Appreciation Right Jan 7, 2024 Common Stock 47.1K $71.62 Direct
holding RTX Stock Appreciation Right Jan 7, 2024 Common Stock 16.1K $72.49 Direct F5
holding RTX Stock Appreciation Right Jan 7, 2024 Common Stock 37.9K $90.73 Direct
holding RTX Stock Appreciation Right Jan 7, 2024 Common Stock 26.1K $94.04 Direct F6
holding RTX Stock Appreciation Right Jan 7, 2024 Common Stock 21.9K $97.65 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Stock Units ("RSUs") were awarded on January 28, 2020 in connection with the reporting person's membership in the RTX Corporation ("RTX") (formerly United Technologies Corporation ("UTC")) Executive Leadership Group ("ELG"). Following three years of ELG service, each RSU, including accumulated dividend equivalents, represents a right to receive one share of RTX Common Stock upon a Qualifying Separation from RTX (as defined in Exhibit 10.6 of RTX's 2022 Form 10-K).
F2 Each RSU, including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of RTX Common Stock.
F3 Each Rockwell Non-Qualified Savings Plan ("NQSP") stock unit is the economic equivalent of one share of RTX Common Stock. The reported NQSP stock units were acquired under legacy Rockwell Collins' NQSP, an excess benefit plan, and are to be settled upon the reporting person's retirement or other termination of service.
F4 Each Savings Restoration Plan ("SRP") stock unit is the economic equivalent of one share of RTX Common Stock. The reported SRP stock units were acquired under legacy United Technologies Corporation's Savings Restoration Plan, an excess benefit plan, and are to be settled upon the reporting person's retirement or other termination of service.
F5 In February 2021, in addition to the stock appreciation rights ("SARs") and not included in this number, the reporting person was also awarded 7,080 performance share units ("PSUs") under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's return on invested capital ("ROIC"), earnings per share ("EPS) growth and total shareholder return ("TSR") relative to the S&P 500 and aerospace & defense peer companies. The performance period for EPS growth and ROIC is one-year, followed by a two-year holding period. Both TSR goals have a three-year performance period.
F6 In February 2022, in addition to the SARs and not included in this number, the reporting person was also awarded 5,745 PSUs under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's ROIC, EPS growth and TSR relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period.
F7 In February 2023, in addition to the SARs and not included in this number, the reporting person was also awarded 5,530 PSUs under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vest solely upon achievement of pre-established performance goals for RTX's ROIC, EPS growth and TSR relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period.

Remarks:

jasper-poa_01052024.txt