Raytheon President Jasper Philip J sold 12,847 shares of RTX at $157.82 for $2.0M, reducing holdings by 42.1%.
Jasper Philip J, President of Raytheon, sold 12,847 shares at $157.82 on 2025-08-04, reducing his RTX holdings from 30,531 to 17,684 shares—a 42.1% reduction. The sale occurred near the 52-week high of $158.40, with RTX currently trading at $155.75 and showing strong recent momentum: +6.7% over 30 days and +21.0% over 90 days. His prior sale at RTX on 2024-07-29 was followed by a 90d return of +10.1%, indicating the stock rose after that previous sell, making it a poorly-timed sale from a timing perspective. Given RTX's strong fundamentals—$21.6B latest-quarter revenue, +17.2% annual growth, and $208.5B market cap—and the significant reduction in his personal holdings, the transaction merits tracking for any broader context around executive confidence, though the timing at a cycle high and the unfavorable prior-trade outcomes limit the signal strength.