Honeywell CFO exercises 604 RSUs, 263 shares withheld
Honeywell International SrVP & Chief Financial Officer Michal Stepniak converted 604 Restricted Stock Units into 604 shares of common stock on July 30, 2026 under the 2016 Stock Incentive Plan, which was adjusted for two spin-offs and a reverse stock split.
Rhea-AI Filing Summary
Honeywell International SrVP & Chief Financial Officer Michal Stepniak converted 604 Restricted Stock Units into 604 shares of common stock on July 30, 2026 under the 2016 Stock Incentive Plan, which was adjusted for two spin-offs and a reverse stock split. To pay the exercise price or tax liability, 263 shares were withheld at $239.89 per share. All units were fully vested on July 30, 2026, and he also reports 346.929 shares held indirectly in a 401(k) plan.
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Insider Trade Summary
604 shares exercised/converted
Exercise
4 txns
Insider
Stepniak Michal
Role
SrVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 604 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 604 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 263 | $239.89 | $63K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 2,705 shares (Direct);
Common Stock — 346.929 shares (Indirect, Held in 401(k) plan)
Footnotes (4)
- F1. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and were adjusted to reflect the spin-off of Solstice Advanced Materials Inc. from Honeywell International Inc. ("Honeywell Technologies") on October 30, 2025, and further adjusted to reflect the spin-off of Honeywell Aerospace Inc. from Honeywell Technologies on June 29, 2026 and the reverse stock split of Honeywell Technologies.
- F2. Instrument converts to common stock on a one-for-one basis.
- F3. Includes the reinvestment of dividend equivalents into 69 additional restricted stock units.
- F4. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates with all units fully vested on July 30, 2026.
Key Figures
RSUs converted: 604 Restricted Stock Units
Shares withheld: 263 shares
Withholding price: $239.89 per share
+5 more
8 metrics
RSUs converted
604 Restricted Stock Units
Converted into 604 shares of common stock on July 30, 2026
Shares withheld
263 shares
Withheld to pay exercise price or tax liability at $239.89 per share
Withholding price
$239.89 per share
Price used for the 263 withheld shares of common stock
Indirect 401(k) holdings
346.929 shares
Common stock held indirectly in a 401(k) plan after the reported transactions
Dividend-equivalent RSUs
69 Restricted Stock Units
Additional RSUs from reinvestment of dividend equivalents included in the award
Solstice spin-off date
October 30, 2025
Date of spin-off of Solstice Advanced Materials Inc. reflected in RSU adjustments
Honeywell Aerospace spin-off date
June 29, 2026
Date of spin-off of Honeywell Aerospace Inc. reflected in RSU adjustments
RSU full vesting date
July 30, 2026
Date on which all units under the RSU grant were fully vested
Key Terms
Restricted Stock Units, reverse stock split, dividend equivalents, 401(k) plan, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units were granted under the 2016 Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
reverse stock split financial
"further adjusted to reflect the spin-off ... and the reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 69 additional restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
401(k) plan financial
"Common Stock ... Held in 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
spin-off financial
"adjusted to reflect the spin-off of Solstice Advanced Materials Inc. ..."
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Honeywell (HON) CFO Michal Stepniak report in this Form 4?
Michal Stepniak reported converting 604 Restricted Stock Units into 604 shares of Honeywell common stock on July 30, 2026. In connection with this, 263 shares were withheld at $239.89 per share to cover the exercise price or tax liability, and 346.929 shares are held in a 401(k) plan.
What plan governed the 604 RSUs reported by Honeywell (HON) CFO Stepniak?
The 604 Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates. The award was adjusted for spin-offs of Solstice Advanced Materials Inc. and Honeywell Aerospace Inc., and for a reverse stock split of Honeywell Technologies.
When did the RSUs reported by Honeywell (HON) CFO fully vest?
All of the reported Restricted Stock Units were fully vested on July 30, 2026. On that date the instrument converted into 604 shares of common stock on a one-for-one basis, with associated share withholding to satisfy the exercise price or tax-related obligations.
What ongoing Honeywell (HON) holdings did CFO Michal Stepniak report?
Michal Stepniak reported 346.929 shares of Honeywell common stock held indirectly in a 401(k) plan. This entry reflects an indirect ownership position separate from the RSU conversion and share withholding transactions reported for July 30, 2026.
Were the Honeywell (HON) CFO’s transactions made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and there is no footnote indicating a trading plan. The reported RSU conversion and related share withholding therefore are not characterized in the filing as occurring under a Rule 10b5-1 arrangement.
How many additional RSUs came from dividend equivalents in the Honeywell (HON) award?
The RSU position includes the reinvestment of dividend equivalents into 69 additional Restricted Stock Units. These 69 units are part of the 604 total RSUs that converted into common stock on a one-for-one basis on July 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
