L3Harris Reports Executive Changes and Compensation Arrangements

Ticker: LHX · Form: 8-K · Filed: 2024-02-23T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, compensation, governance

TL;DR

**L3Harris just filed an 8-K about executive changes and compensation, so keep an eye out for details on who's in/out and how pay is shifting!**

AI Summary

L3Harris Technologies, Inc. filed an 8-K on February 23, 2024, reporting an event that occurred on February 21, 2024. The filing pertains to Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers," and Item 8.01, "Other Events." This indicates changes in executive compensation or officer/director roles, though specific details are not provided in the summary text.

Why It Matters

Changes in executive leadership or compensation can signal strategic shifts, financial performance adjustments, or governance updates that impact investor confidence and company direction.

Risk Assessment

Risk Level: medium — Changes in executive compensation or officer roles can introduce uncertainty or signal underlying issues, warranting closer examination.

Key Players & Entities

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 21, 2024.

What items are covered in this 8-K filing?

This 8-K filing covers Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers," and Item 8.01, "Other Events."

When was this 8-K filed with the SEC?

This 8-K was filed with the SEC on February 23, 2024.

What is the full name of the registrant for this filing?

The full name of the registrant is L3HARRIS TECHNOLOGIES, INC.

Where are L3Harris Technologies, Inc.'s principal executive offices located?

L3Harris Technologies, Inc.'s principal executive offices are located at 1025 West NASA Boulevard, Melbourne, Florida 32919.

From the Filing

0000202058-24-000031.txt : 20240223 0000202058-24-000031.hdr.sgml : 20240223 20240223163621 ACCESSION NUMBER: 0000202058-24-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240221 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: L3HARRIS TECHNOLOGIES, INC. /DE/ CENTRAL INDEX KEY: 0000202058 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 340276860 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03863 FILM NUMBER: 24671903 BUSINESS ADDRESS: STREET 1: 1025 W NASA BLVD CITY: MELBOURNE STATE: FL ZIP: 32919 BUSINESS PHONE: 3217279100 MAIL ADDRESS: STREET 1: 1025 W NASA BLVD CITY: MELBOURNE STATE: FL ZIP: 32919 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS CORP /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS SEYBOLD CO DATE OF NAME CHANGE: 19600201 8-K 1 hrs-20240221.htm 8-K hrs-20240221 0000202058 false 0000202058 2024-02-21 2024-02-21 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 21, 2024 L3HARRIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 1-3863 34-0276860 (State or other jurisdiction  of incorporation) (Commission  File Number) (I.R.S. Employer  Identification No.) 1025 West NASA Boulevard Melbourne, Florida   32919 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 321 )  727-9100 No change (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1.00 per share LHX New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.   Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 23, 2024, L3Harris Technologies, Inc. (the “Company”) and the Company’s Chief Executive Officer, Christopher E. Kubasik, entered into a severance protection letter agreement (the “Agreement”). The Agreement has been approved by the Board of Directors of the Company (the “Board”) on the recommendation of the Compensation Committee of the Board. The Agreement is

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