Monitor for potential follow-on selling or changes in guidance; while the sales are modest relative to market cap, the participation of top executives warrants attention if the pattern continues in coming weeks.
Price Chart
Executive Summary
Seven L3Harris executives, including CEO Christopher Kubasik and two division presidents, exercised stock options and sold shares in a coordinated cluster over the past week. The open-market sales totaled $4.37 million across three executives, while the majority of transactions were non-cash option exercises.
Key Financial Metrics
Key Facts
- CEO Christopher Kubasik and two division presidents (Rambeau Jon and Samir Mehta) exercised options totaling 76,554 shares with $0 cost basis.
- Three executives conducted open-market sales: Rambeau Jon sold 5,528 shares for $2.05M, Samir Mehta sold 5,528 shares for $2.05M, and CHRO Melanie Rakita sold 751 shares for $278K.
- All sales occurred on March 2, 2026, at $370.32 per share, following option exercises earlier in the week.
- Total dollar value of open-market sales: $4.37 million, representing just 0.006% of L3Harris’s $68.1B market cap.
- No insider purchases were reported; activity consisted of derivative exercises and sales to cover taxes or for liquidity.
Financial Impact
$4.37 million in open-market sales by insiders, plus $0 in non-cash option exercises
Risk Factors
- Perception of insider profit-taking ahead of potential headwinds, though no fundamental deterioration is indicated.
- Minor dilution from exercised options, though not quantified in the filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (11 trades, 7d window) | cluster-LHX-1772489088462 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 6w ago | 8-K | $278.38 $249.66 | ▼ −10.32% | ▼ −8.34% | $236.66 (−14.99%) |
Apr 23, 2026 23w ago | 8-K | $329.83 $309.15 | ▼ −6.27% | ▼ −10.91% | $236.66 (−28.25%) |
Apr 1, 2026 26w ago | DEFA14A | $353.62 $321.40 | ▼ −9.11% | ▼ −18.83% | $236.66 (−33.08%) |
Mar 2, 2026 30w ago | Insider Cluster | $378.62 $337.89 | ▼ −10.76% | ▼ −2.82% | $236.66 (−37.49%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access