RTX Corp Files 8-K: Officer Changes & Financials
Ticker: RTX · Form: 8-K · Filed: Feb 3, 2025 · CIK: 101829
| Field | Detail |
|---|---|
| Company | Rtx Corp (RTX) |
| Form Type | 8-K |
| Filed Date | Feb 3, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1, $1,100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, financial-reporting
Related Tickers: RTX
TL;DR
RTX filed an 8-K detailing exec changes and financials as of Jan 31, 2025.
AI Summary
RTX Corporation filed an 8-K on February 3, 2025, reporting events as of January 31, 2025. The filing includes information regarding the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also covers financial statements and exhibits.
Why It Matters
This filing provides crucial updates on RTX Corporation's executive and board composition, as well as financial reporting, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — This is a routine corporate filing detailing executive and financial information, not indicating immediate operational or financial distress.
Key Players & Entities
- RTX Corporation (company) — Registrant
- February 3, 2025 (date) — Filing Date
- January 31, 2025 (date) — Event Date
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to the 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but the specific positions are not detailed in the provided text.
Were there any new directors elected to the RTX Corporation board?
Yes, the filing explicitly mentions the 'Election of Directors' as a reported item.
What type of compensatory arrangements are detailed in this filing?
The filing notes 'Compensatory Arrangements of Certain Officers' but does not provide specific details on the nature of these arrangements in the provided text.
Does this 8-K filing include any financial statements?
Yes, the filing explicitly states 'Financial Statements and Exhibits' are included.
What is the primary purpose of an 8-K filing?
An 8-K filing is used to report material events or corporate changes that occur between the regular reporting periods of a company.
Filing Stats: 741 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2025-02-03 07:45:18
Key Financial Figures
- $1 — nge on which registered Common Stock ($1 par value) RTX New York Stock Excha
- $1,100,000 — ntinuation of his annual base salary of $1,100,000. Mr. Hayes will not be eligible for an
Filing Documents
- ef20042756_8k.htm (8-K) — 35KB
- ef20042756_ex99-1.htm (EX-99.1) — 8KB
- 0001140361-25-002798.txt ( ) — 217KB
- rtx-20250131.xsd (EX-101.SCH) — 4KB
- rtx-20250131_def.xml (EX-101.DEF) — 17KB
- rtx-20250131_lab.xml (EX-101.LAB) — 26KB
- rtx-20250131_pre.xml (EX-101.PRE) — 19KB
- ef20042756_8k_htm.xml (XML) — 6KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 3, 2025, RTX Corporation ("RTX" or the "Company") announced that Gregory J. Hayes, RTX's current Executive Chairman, has informed the Board of Directors of his intention to not stand for re-election and to step down as Executive Chairman and as a member of the Board, effective April 30, 2025. Mr. Hayes has agreed to remain an employee of the Company in a non-executive officer capacity in the position of Special Advisor to the Chief Executive Officer through January 2, 2026. On January 31, 2025, the Board elected President and Chief Executive Officer, Christopher T. Calio, to serve as Chairman, President & Chief Executive Officer, effective April 30, 2025. Following the recommendation of the Human Capital & Compensation Committee, on February 2, 2025, the Board approved the following compensation and benefits for Mr. Hayes for his service as Special Advisor to the Chief Executive Officer, effective, April 30, 2025: Continuation of his annual base salary of $1,100,000. Mr. Hayes will not be eligible for an annual incentive for the 2025 plan year and will not be granted any additional equity or long-term incentive awards in 2025. While he remains an employee, he will continue to vest in outstanding long-term incentive awards in accordance with their existing terms. Continued participation as an employee in the retirement, health, disability and life insurance benefit plans and programs in which he is currently a participant. Eligible for an annual executive physical and financial planning while he remains an employee of the Company. Effective April 30, 2025, Mr. Hayes will no longer be eligible for Executive Chair-specific perquisites, including the personal use of the corporate aircraft, home security system installation, monitoring and maintenance, and use of Company-provided car and driver.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are furnished herewith: Exhibit Number Exhibit Description 99.1 Press release, dated February 3, 2025, issued by RTX Corporation. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RTX CORPORATION (Registrant) Date: February 3, 2025 By: /s/ RAMSARAN MAHARAJH Ramsaran Maharajh Executive Vice President & General Counsel