As of June 27, 2025, we had stock options and other share-based compensation awards outstanding under our 2024 Equity Incentive Plan and predecessor plans (collectively, the “L3Harris SIPs”).

Awards granted to participants under the L3Harris SIPs and the weighted-average grant-date fair value per share or unit were as follows:


	Year to Date
	2025			2024
(In thousands, except per share/unit amounts)	Shares or Units	Weighted-Average Grant-Date Fair Value Per Share or Unit		Shares or Units	Weighted-Average Grant-Date Fair Value Per Share or Unit

Stock option shares granted(1)	388	$	49.20	415	$	50.99
RSUs granted(2)	229	$	210.15	142	$	212.80
PSUs granted(3)	185	$	217.67	172	$	230.09

(1)Other than certain stock options granted in connection with new hires, our stock options generally vest ratably in equal amounts over a three-year period.

(2)The majority of our RSUs, including those granted annually to executives under our long-term incentive plan, cliff vest after three years.

(3)Our PSUs are subject to performance criteria and generally vest after the three-year performance period.

The aggregate number of shares of our common stock issued under the L3Harris SIPs, net of shares withheld for tax purposes, was 0.2 million and 0.4 million for second quarter and year to date 2025, respectively, and 0.3 million and 0.8 million for second quarter and year to date 2024, respectively.

Share-based compensation expense was $29 million and $48 million for second quarter and year to date 2025, respectively, and $27 million and $53 million for second quarter and year to date 2024, respectively.