L3Harris Technologies Announces Board and Executive Compensation Changes

Ticker: LHX · Form: 8-K · Filed: 2024-12-27T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-of-directors

Related Tickers: LHX

TL;DR

L3Harris board shakeup and exec pay changes filed. Watch for details.

AI Summary

L3Harris Technologies, Inc. announced on December 20, 2024, changes to its Board of Directors and executive compensation arrangements. The filing details the election of new directors and updates regarding compensatory arrangements for certain officers, though specific names and dollar amounts for these arrangements are not detailed in this initial report.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.

Risk Assessment

Risk Level: low — The filing reports routine corporate governance and compensation updates without immediate financial implications.

Key Players & Entities

FAQ

What specific changes were made to the Board of Directors?

The filing indicates the election of directors and departure of directors, but the specific names and details of these changes are not provided in this initial 8-K filing.

What are the details of the compensatory arrangements for certain officers?

The filing states that there are updates regarding compensatory arrangements for certain officers, but the specific details, including names and amounts, are not disclosed in this report.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on December 20, 2024.

What is the principal executive office address for L3Harris Technologies?

The principal executive offices are located at 1025 West NASA Boulevard, Melbourne, Florida 32919.

What is the SIC code for L3Harris Technologies?

The Standard Industrial Classification (SIC) code for L3Harris Technologies is 3812, which pertains to Search, Detection, Navigation, Guidance, Aeronautical Systems.

From the Filing

0000202058-24-000184.txt : 20241227 0000202058-24-000184.hdr.sgml : 20241227 20241227161613 ACCESSION NUMBER: 0000202058-24-000184 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241220 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241227 DATE AS OF CHANGE: 20241227 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: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03863 FILM NUMBER: 241585908 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-20241220.htm 8-K hrs-20241220 0000202058 false 0000202058 2024-12-20 2024-12-20 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): December 20, 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 December 20, 2024, General (ret.) Peter W. Chiarelli notified the Board of Directors (the “Board”) of L3Harris Technologies, Inc. (the “Company”) that he decided to retire from the Board at the end of 2024. Mr. Chiarelli would not be standing for re-election at the next annual meeting of shareholders due to the Company’s retirement policy. Mr. Chiarelli’s decision to retire does n

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