L3Harris President Rambeau sells 5,528 shares (-41.9%) for $2.0M as stock hits 52-week high
Jon Rambeau, President of Communications & Special Domains at L3Harris, sold 5,528 shares at $370.32 on March 2, 2026, reducing his holdings from 13,188 to 7,660 shares. The sale occurred at a price $8.16 below the current $378.48 level and at the 52-week high of $378.48, after the stock gained 38.2% over 90 days and 10.4% over 30 days. The scale of the reduction—41.9% of pre-transaction holdings—represents a material portfolio adjustment by a senior executive at a $70.7B market-cap company with recent strong operational momentum (9.8% annual revenue growth, latest quarter revenue of $5.7B). Without visibility into whether this was scheduled under a trading plan, the execution near the 52-week high and the substantial percentage reduction warrant investor attention to any subsequent disclosures regarding executive conviction or capital allocation strategy.