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

Signature
/s/ Michelle G. Gewandter, as Attorney-In-Fact
Stock symbol
RTX
Transactions as of
May 10, 2024
Transactions value $
-$2,101,575
Form type
4
Date filed
5/14/2024, 06:08 PM
Previous filing
Feb 12, 2024

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 May 10, 2024 Direct F1
transaction RTX Common Stock Options Exercise $1.66M +21.2K +15.15% $78.25 162K May 10, 2024 Direct F1
transaction RTX Common Stock Options Exercise $531K +7.42K +4.59% $71.62 169K May 10, 2024 Direct F1
transaction RTX Common Stock Sale -$2.1M -19.9K -11.77% $105.72 149K May 10, 2024 Direct F2
transaction RTX Common Stock Disposed to Issuer -$9.84M -93.1K -62.47% $105.73 55.9K May 10, 2024 Direct
holding RTX Common Stock 339 May 10, 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
transaction RTX Stock Appreciation Right Options Exercise $0 -84.3K -100% $0.00* 0 May 10, 2024 Common Stock 84.3K $90.73 Direct
transaction RTX Stock Appreciation Right Options Exercise $0 -7.42K -100% $0.00* 0 May 10, 2024 Common Stock 7.42K $71.62 Direct
transaction RTX Stock Appreciation Right Options Exercise $0 -21.2K -100% $0.00* 0 May 10, 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.