RTX Corp Files 2024 Proxy Statement

Ticker: RTX · Form: DEF 14A · Filed: 2024-03-11T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

TL;DR

RTX proxy statement out - check exec pay & board stuff for 2023.

AI Summary

RTX Corp (formerly Raytheon Technologies Corp) filed its DEF 14A proxy statement on March 11, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, board of directors, and other corporate governance matters. Key information includes stock awards and option awards for its PEOMembers during the 2023 fiscal year.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions on proposals presented at the annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not inherently introduce new risks.

Key Numbers

2023 — Fiscal Year (The period covered by the proxy statement for executive compensation and corporate governance details.)

Key Players & Entities

RTX Corp (company) — Filer of the DEF 14A
Raytheon Technologies Corp (company) — Former name of RTX Corp
United Technologies Corp /DE/ (company) — Former name of RTX Corp
20240311 (date) — Filing date
20240502 (date) — Period of report
1231 (date) — Fiscal year end

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes on important matters such as the election of directors, executive compensation, and other corporate actions.

When was this DEF 14A filing submitted by RTX Corp?

RTX Corp filed this DEF 14A on March 11, 2024.

What fiscal year does this filing primarily cover?

This filing covers the fiscal year ending December 31, 2023.

What are some of the key areas detailed in this proxy statement?

The filing details executive compensation, board of directors, and corporate governance matters, including stock and option awards for PEOMembers.

Has RTX Corp always been known by its current name?

No, RTX Corp was formerly known as Raytheon Technologies Corp, which itself was formed through the combination of United Technologies Corp and Raytheon Company.

From the Filing

0001308179-24-000096.txt : 20240311 0001308179-24-000096.hdr.sgml : 20240311 20240311163435 ACCESSION NUMBER: 0001308179-24-000096 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 215 CONFORMED PERIOD OF REPORT: 20240502 FILED AS OF DATE: 20240311 DATE AS OF CHANGE: 20240311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RTX Corp CENTRAL INDEX KEY: 0000101829 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060570975 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-00812 FILM NUMBER: 24738574 BUSINESS ADDRESS: STREET 1: 1000 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22209 BUSINESS PHONE: 781-522-3000 MAIL ADDRESS: STREET 1: 1000 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22209 FORMER COMPANY: FORMER CONFORMED NAME: RAYTHEON TECHNOLOGIES CORP DATE OF NAME CHANGE: 20200406 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES CORP /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES MICROELECTRONICS CENTER DATE OF NAME CHANGE: 19850825 DEF 14A 1 rtx4243711_def14a.htm DEFINITIVE PROXY STATEMENT false 0000101829 DEF 14A 0000101829 2023-01-01 2023-12-31 0000101829 1 2023-01-01 2023-12-31 0000101829 2 2023-01-01 2023-12-31 0000101829 3 2023-01-01 2023-12-31 0000101829 4 2023-01-01 2023-12-31 0000101829 5 2023-01-01 2023-12-31 0000101829 2020-01-01 2023-12-31 0000101829 2022-01-01 2022-12-31 0000101829 2020-01-01 2022-12-31 0000101829 2021-01-01 2021-12-31 0000101829 2020-01-01 2021-12-31 0000101829 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberStockAwardsMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberStockAwardsMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberStockAwardsMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberStockAwardsMember 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberOptionAwardsMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberOptionAwardsMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberOptionAwardsMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberOptionAwardsMember 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberChangeInPresentValueOfPensionBenefitsMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberChangeInPresentValueOfPensionBenefitsMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberChangeInPresentValueOfPensionBenefitsMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberChangeInPresentValueOfPensionBenefitsMember 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberTotalDeductionsFromSCTMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberTotalDeductionsFromSCTMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberTotalDeductionsFromSCTMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberTotalDeductionsFromSCTMember 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberFairValueOfAwardsGrantedDuringYearAndUnvestedasOfYearEndMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberFairValueOfAwardsGrantedDuringYearAndUnvestedasOfYearEndMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberFairValueOfAwardsGrantedDuringYearAndUnvestedasOfYearEndMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberFairValueOfAwardsGrantedDuringYearAndUnvestedasOfYearEndMember 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberFairValueofAwardsGrantedandVestedDuringtheYearMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberFairValueofAwardsGrantedandVestedDuringtheYearMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberFairValueofAwardsGrantedandVestedDuringtheYearMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberFairValueofAwardsGrantedandVestedDuringtheYearMember 2020-01-01 2020-12-31 0000101829 RTX:PEOMemberChangeInFairValueOfPriorYearAwardsUnvestedasOfYearEndMember 2023-01-01 2023-12-31 0000101829 RTX:PEOMemberChangeInFairValueOfPriorYearAwardsUnvestedasOfYearEndMember 2022-01-01 2022-12-31 0000101829 RTX:PEOMemberChangeInFairValueOfPriorYearAwardsUnvestedasOfYearEndMember 2021-01-01 2021-12-31 0000101829 RTX:PEOMemberChangeInFai