Senior VP and Treasurer Kevin DaSilva sold $1.5M worth of RTX shares at $214.68, reducing his direct stake by 25.9% at a price just 3.0% below the 90-day high. This sale fits his established pattern of annual $1M+ disposals and offers little directional signal against a strong BUY consensus from 30 analysts. Bear: breaks below the 30-day low of $186.83.

Where it could go — Our 5-6 conviction officer sells: 51% beat SPY at 30d; bear breaks $186.83.

Director Tracy Atkinson sold $500K worth of RTX shares at $218.05, reducing their directly held stake by 56.2% while the stock traded just 1.1% below its 90-day high. This isolated sale near peak prices suggests routine diversification rather than a strong bearish signal, especially given the BUY analyst consensus.

Where it could go — Our 1-4 conviction sells: 55% beat SPY at 30d (n=1529, avg +1.2% vs SPY); analyst mean target implies upside from current levels.

President Troy Brunk sold $1.8M worth of RTX shares at $210.29, just 2.1% below the 90-day high, reducing his direct holdings by 49%. This marks his third significant sale in 18 months, following a $1.2M sale last August, indicating a pattern of gradual divestment rather than sudden concern. Bull case requires holding above $184 support; bear case breaks $170 for a test of lower levels.

Where it could go — Our 5-6 conviction officer sells: 51% beat SPY at 30d; bull holds $184, bear breaks $170.