Troy D. Brunk - 15 Feb 2025 Form 4 Insider Report for RTX Corp (RTX)

Signature
/s/ Michelle G. Gewandter, as Attorney-In-Fact
Issuer symbol
RTX
Transactions as of
15 Feb 2025
Net transactions value
+$167,458
Form type
4
Filing time
19 Feb 2025, 17:29:00 UTC
Previous filing
10 Feb 2025
Next filing
26 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RTX Common Stock Options Exercise $0 +3,871 +133% $0.000000 6,776 15 Feb 2025 Direct F1
transaction RTX Common Stock Award $301,006 +2,459 +36% $122.41 9,235 15 Feb 2025 Direct F2
transaction RTX Common Stock Tax liability $11,260 -92 -1% $122.41 9,143 15 Feb 2025 Direct F3
transaction RTX Common Stock Tax liability $122,288 -999 -11% $122.41 8,144 15 Feb 2025 Direct
holding RTX Common Stock 2,366 15 Feb 2025 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
transaction RTX Restricted Stock Units Options Exercise $0 -3,871 -10% $0.000000 33,456 15 Feb 2025 Common Stock 3,871 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-based restricted stock units (RSUs) that represent the right to receive one share of the Issuer's Common Stock per unit.
F2 The acquisition of shares of RTX Common Stock represents the vesting of performance share units (PSUs) awarded to the reporting person on February 15, 2022, under the RTX Long-Term Incentive Plan. Each PSU has a value equal to one share of RTX Common Stock. These PSUs vested solely upon achievement of pre-established performance goals for RTX's return on invested capital, earnings per share growth, and total shareholder return relative to the S&P 500 and aerospace & defense peer companies over a three-year performance period, which ended on December 31, 2024. The performance criteria were satisfied at the 110% level.
F3 Includes 2,367.01 deferred stock units (the net amount following tax withholding from the 2,459 deferred PSUs included in the acquisition reported in the footnote above). The reporting person previously elected to defer receipt of actual shares of common stock that otherwise would be received upon the vesting of these PSUs and instead acquired deferred stock units that settle exclusively in shares and are included in Table I as common stock equivalents. Each deferred stock unit has a value equal to one share of RTX Common Stock.
F4 Vesting of RSUs and delivery of shares with respect to the RSUs originally awarded on February 15, 2022.