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NYSE: LHX L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K

L3Harris grants in retention equity to CFO and two division presidents

Filed July 24, 2026 · Period ending July 23, 2026 · ~1 min read

Key Changes

  • high

    Board approved in special retention awards: $10M each to Missile Solutions and Space & Mission Systems presidents, $5M to CFO, split 50/50 between performance shares and restricted stock.

  • high

    Performance shares vest based on three-year ($5,000,000, FY2027-2029) organic revenue growth and segment operating margin, each weighted 50%, with payout ranging 0% to 200% of target.

  • medium

    Both award types cliff-vest end of FY2029, requiring continued employment; involuntary termination without cause triggers pro-rata vesting (one-third per year), but voluntary departure forfeits all awards.

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Source-verified from EDGAR · Narrative written by AI · Jul 27, 2026 · How we verify