Summary
L3Harris Technologies, Inc. (LHX) announced a modest increase in its annual equity retainer for Board members, effective January 3, 2026. The annual equity retainer will rise from $190,000 to $200,000 in director share units. This change, recommended by the Nominating and Governance Committee, reflects an adjustment to director compensation. The company has also filed an updated Summary of Annual Compensation for Non-Employee Directors as an exhibit to this report.
Key Highlights
- 1Board compensation for non-employee directors to increase.
- 2Annual equity retainer will rise from $190,000 to $200,000.
- 3The increase is in the form of director share units.
- 4Effective date for the new compensation structure is January 3, 2026.
- 5The Nominating and Governance Committee recommended the change.
- 6An updated summary of director compensation is filed as an exhibit.