Honeywell International (NASDAQ: HON) exec settles 1,030 RSUs, 549 withheld
Rhea-AI Filing Summary
Kenneth J. West, Pres/CEO Process Technologies at Honeywell International, settled 1,030 restricted stock units on July 16, 2026 under the 2016 Stock Incentive Plan, converting into the same number of Honeywell Technologies common shares. The award, which included 32 units from dividend-equivalent reinvestment, vested upon completion of the Honeywell Aerospace spin-off on June 29, 2026 and was adjusted for the spin-off and a reverse stock split of Honeywell Technologies. To satisfy taxes, 549 shares were withheld at $239.5800 per share. Following these transactions, 374.5856 shares of common stock are reported as held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 481 shares
Net Buy
4 txns
Insider
West Kenneth J
Role
Pres/CEO Process Technologies
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F2 | 1,030 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3 | 1,030 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 549 | $239.58 | $132K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 2,132 shares (Direct);
Common Stock — 374.5856 shares (Indirect, Held in 401(k) plan)
Footnotes (3)
- F1. Reflects settlement of restricted share units granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates that vested upon the successful completion of the spin-off of Honeywell Aerospace Inc. from Honeywell International Inc. ("Honeywell Technologies") on June 29, 2026 and were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell Technologies.
- F2. Includes the reinvestment of dividend equivalents into 32 additional restricted stock units.
- F3. Instrument converts to common stock of Honeywell Technologies on a one-for-one basis.
Key Figures
Restricted stock units settled: 1030.0000 units
Shares withheld for taxes: 549.0000 shares
Tax withholding price: $239.5800 per share
+3 more
6 metrics
Restricted stock units settled
1030.0000 units
Units settled into common stock on July 16, 2026 under the 2016 Stock Incentive Plan
Shares withheld for taxes
549.0000 shares
Common stock withheld to satisfy tax obligations on July 16, 2026
Tax withholding price
$239.5800 per share
Price used for tax-withholding disposition of 549 shares of common stock
Dividend-equivalent RSUs
32 units
Additional restricted stock units created by reinvestment of dividend equivalents
Indirect 401(k) holdings
374.5856 shares
Common stock reported as held indirectly in a 401(k) plan after transactions
Spin-off completion date
June 29, 2026
Date Honeywell Aerospace spin-off completed, triggering RSU vesting
Key Terms
Restricted Stock Units, dividend equivalents, spin-off, reverse stock split, +1 more
5 terms
Restricted Stock Units financial
"Security title reported as Restricted Stock Units with underlying common stock"
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.
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 32 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.
spin-off financial
"vested upon the successful completion of the spin-off of Honeywell Aerospace 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.
reverse stock split financial
"were adjusted to reflect the spin-off and further adjusted to reflect 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.
401(k) plan financial
"total shares following transaction are held indirectly, noted as 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Honeywell (HON) report for Kenneth J. West?
Kenneth J. West settled 1,030 restricted stock units on July 16, 2026, converting them into an equal number of Honeywell Technologies common shares. The units were granted under Honeywell’s 2016 Stock Incentive Plan and were tied to completion of the Honeywell Aerospace spin-off.
What triggered the vesting of Kenneth J. West’s restricted stock units reported for HON?
The restricted stock units vested upon the successful completion of the spin-off of Honeywell Aerospace Inc. from Honeywell International on June 29, 2026. The award was also adjusted for that spin-off and a reverse stock split of Honeywell Technologies.
How many restricted stock units in the HON filing came from dividend equivalents?
According to the footnotes, the total includes 32 additional restricted stock units created by reinvestment of dividend equivalents. These units were part of the 1,030 restricted stock units that ultimately settled into common shares.
Were Kenneth J. West’s HON transactions made under a Rule 10b5-1 trading plan?
The document-level data indicate the Rule 10b5-1 checkbox was not marked, so these transactions are not reported as occurring under a 10b5-1 trading plan. No footnotes describe any pre-arranged trading arrangement.