What is a Rule 10b5-1 trading plan?

A Rule 10b5-1 trading plan is a written document that allows corporate insiders, such as executives, to pre-arrange the purchase or sale of company stock at a future date. It provides an affirmative defense against allegations of insider trading by ensuring that trades are executed under a plan established when the insider did not possess material non-public information.

Why is the CEO establishing this trading plan?

The CEO is establishing this plan to diversify his personal holdings and to comply with SEC regulations and company policies regarding executive stock transactions. By using a Rule 10b5-1 plan, he ensures that the sales are made at a time when he does not possess material non-public information, thereby avoiding any appearance of impropriety.

Does this plan indicate a negative outlook for L3Harris Technologies?

Not necessarily. The plan is designed for pre-scheduled sales under specific conditions and has been adopted during an open trading window. The CEO's ownership interest is well above company guidelines, suggesting the sales are for diversification rather than a reflection of his confidence in the company's future performance. The company itself has not provided any negative forward-looking statements in this filing.

How can I track these planned sales?

Transactions made under this plan will be publicly disclosed by L3Harris Technologies through filings with the U.S. Securities and Exchange Commission. Specifically, investors can monitor Form 4 filings for changes in beneficial ownership and potentially Form 144 filings for proposed sales of securities.

LHX 8-K SEC Disclosure

Summary

L3Harris Technologies (LHX) announced that its Chairman and CEO, Christopher Kubasik, has established a Rule 10b5-1 trading plan. This plan, adopted during an open trading window and effective from May 2026 through October 2026, allows for the sale of up to 129,501 vested stock options and 60,000 shares of common stock. The sales are subject to predetermined dates and minimum price thresholds, with Mr. Kubasik relinquishing control over the timing and execution of these transactions, aligning with SEC regulations and company policy. This proactive measure demonstrates Mr. Kubasik's adherence to compliance and governance standards. The planned sales represent a small portion of his holdings, which significantly exceed company ownership guidelines. Investors should note that these transactions are intended to diversify holdings and will be publicly disclosed via Form 4 and Form 144 filings. The company has stated it will not provide further updates on other executive trading plans.

Key Highlights

1CEO Christopher Kubasik established a Rule 10b5-1 pre-arranged trading plan.
2The plan covers up to 129,501 vested stock options and 60,000 common shares.
3Sales are scheduled to commence in May 2026 and conclude by October 30, 2026.
4Transactions are subject to minimum price thresholds and predetermined dates.
5Mr. Kubasik will have no discretion over sales under the plan, ensuring compliance with Rule 10b5-1.
6The CEO's stock ownership significantly exceeds company guidelines.
7Sales will be publicly disclosed through SEC filings (Form 4 and Form 144).

L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K Report, Corporate Update (Feb 6, 2026)

Summary

Key Highlights

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