Stephen J. Timm - 10 May 2024 Form 4 Insider Report for RTX Corp (RTX)

Role: President, Collins Aerospace
Signature: /s/ Michelle G. Gewandter, as Attorney-In-Fact
Issuer symbol: RTX
Transactions as of: 10 May 2024
Transactions value $: -$2,101,575
Form type: 4
Filing time: 14 May 2024, 18:08:41 UTC
Previous filing: 12 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RTX	Common Stock	Options Exercise	$7.65M	+84.3K	+150.74%	$90.73	140K	10 May 2024	Direct	F1
transaction	RTX	Common Stock	Options Exercise	$1.66M	+21.2K	+15.15%	$78.25	162K	10 May 2024	Direct	F1
transaction	RTX	Common Stock	Options Exercise	$531K	+7.42K	+4.59%	$71.62	169K	10 May 2024	Direct	F1
transaction	RTX	Common Stock	Sale	-$2.1M	-19.9K	-11.77%	$105.72	149K	10 May 2024	Direct	F2
transaction	RTX	Common Stock	Disposed to Issuer	-$9.84M	-93.1K	-62.47%	$105.73	55.9K	10 May 2024	Direct
holding	RTX	Common Stock						339	10 May 2024	By Savings Plan Trustee

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Exercise Price	Ownership
transaction	RTX	Stock Appreciation Right	Options Exercise	$0	-84.3K	-100%	$0.00^*	10 May 2024	Common Stock	84.3K	$90.73	Direct
transaction	RTX	Stock Appreciation Right	Options Exercise	$0	-7.42K	-100%	$0.00^*	10 May 2024	Common Stock	7.42K	$71.62	Direct
transaction	RTX	Stock Appreciation Right	Options Exercise	$0	-21.2K	-100%	$0.00^*	10 May 2024	Common Stock	21.2K	$78.25	Direct

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

Explanation of Responses:

Id	Content
F1	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.
F2	The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $105.58 to $105.92 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.

Content

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.

The reported price is based on a weighted average of multiple same-day transactions with prices ranging from $105.58 to $105.92 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.