Item 5. OTHER INFORMATION.
2K characters. Original on sec.gov ·
Item 5. OTHER INFORMATION.
Securities Trading Plans of Directors and Executive Officers
We require all executive officers and directors to effect purchase and sale transactions in L3Harris securities pursuant to a trading plan (each, a “10b5-1 Plan”) intended to satisfy the requirements of Rule 10b5-1 under the Exchange Act (“Rule 10b5-1”). We limit executive officers to a single 10b5-1 Plan in effect at any time, subject to limited exceptions in accordance with Rule 10b5-1.
The following table includes the material terms (other than with respect to the price) of each 10b5-1 Plan adopted or terminated by our executive officers and directors during first quarter 2026:
| Name and title | Date of adoption of 10b5-1 Plan**(1)** | Scheduled expiration date of 10b5-1 Plan**(2)** | Aggregate number of shares of common stock to be purchased or sold**(3)** | |||||||||||||||||||||||
| Christopher Kubasik Chairman and CEO | February 4, 2026 | October 30, 2026 | Up to 189,501 shares including 129,501 shares of underlying options expiring in 2029 | |||||||||||||||||||||||
| Samir Mehta President, SMS and CSD | March 13, 2026 | December 8, 2026 | Up to 47,374 shares including 39,721 shares of underlying options expiring by 2035 | |||||||||||||||||||||||
(1) Transactions under each Rule 10b5-1 Plan commence no earlier than 90 days after adoption, or such later date as required by Rule 10b5-1.
(2) Each Rule 10b5-1 Plan may expire on such earlier date as all transactions are completed.
(3) Each Rule 10b5-1 Plan provides for shares to be sold on multiple predetermined dates.
Previous: Item 1A. RISK FACTORS. · Next: Item 6. EXHIBITS.