8-KItem 5.02 · Officer/Director ChangeItem 9.01 · Financial Statements
L3Harris Awards $25 Million in Retention Equity to Three Executives
Filed with the SEC on · Summarized by InvestorsBot
L3Harris’ Compensation Committee approved one-time equity awards totaling $25 million for CFO Kenneth Sharp, Missile Solutions President Kenneth Bedingfield, and Space & Mission Systems and Communications & Spectrum Dominance President Samir Mehta, with grants scheduled for August 3, 2026. Each award will be split evenly between performance share units and restricted stock units, generally vesting at the end of fiscal 2029; PSU payouts can range from 0% to 200% of target based on fiscal 2027–2029 organic revenue growth and average segment operating margin.