Honeywell (HON) VP & Controller receives new RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mailloux Robert D. reported acquisition or exercise transactions in this Form 4 filing.
Honeywell International Inc. executive receives new equity awards. Vice President & Controller Robert D. Mailloux was granted 2,739 Restricted Stock Units and 12,794 Employee Stock Options, each convertible into Honeywell common stock on a one-for-one basis.
The RSUs were granted under the 2016 Stock Incentive Plan and will vest 33% on each of February 19, 2027 and February 19, 2028, and 34% on February 19, 2029. The stock options from the same plan vest in full on February 19, 2029, aligning the officer’s compensation with longer-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mailloux Robert D.
Role
Vice President & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,739 | $0.00 | -- |
| Grant/Award | Employee Stock Options (right to buy) | 12,794 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,739 shares (Direct);
Employee Stock Options (right to buy) — 12,794 shares (Direct)
Footnotes (1)
- Instrument converts to common stock on a one-for-one basis. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and will vest 33% on each of February 19, 2027 and February 19, 2028, and 34% on February 19, 2029. The Employee Stock Options were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and vest on February 19, 2029.
FAQ
What insider transactions did Honeywell (HON) report for Robert D. Mailloux?
Honeywell reported that executive Robert D. Mailloux received equity awards: 2,739 Restricted Stock Units and 12,794 Employee Stock Options. Both instruments were granted under Honeywell’s 2016 Stock Incentive Plan and are settled in common stock on a one-for-one basis when vested or exercised.
How many Restricted Stock Units were granted to the Honeywell (HON) executive?
Robert D. Mailloux received 2,739 Restricted Stock Units. These RSUs were granted under Honeywell’s 2016 Stock Incentive Plan and convert into an equal number of common shares as they vest over time according to the specified multi-year vesting schedule in the award terms.
What is the vesting schedule for the Honeywell (HON) RSU grant?
The 2,739 Restricted Stock Units vest over three future dates: 33% on February 19, 2027, 33% on February 19, 2028, and the remaining 34% on February 19, 2029. This staggered vesting structure encourages long-term retention and alignment with Honeywell’s performance.
When do the Honeywell (HON) Employee Stock Options granted to Mailloux vest?
The 12,794 Employee Stock Options granted to Robert D. Mailloux vest on February 19, 2029. These options were issued under Honeywell’s 2016 Stock Incentive Plan and give the right to buy common shares, aligning compensation with Honeywell’s longer-term share price performance.
What does one-for-one conversion mean for Honeywell (HON) RSUs and options?
One-for-one conversion means each Restricted Stock Unit or option represents one share of Honeywell common stock. As RSUs vest or options become exercisable and are exercised, the holder can receive an equivalent number of shares, directly tying award value to Honeywell’s share price.
Are the Honeywell (HON) equity awards to Mailloux direct or indirect holdings?
The Form 4 identifies both the Restricted Stock Units and Employee Stock Options as directly owned. The direct ownership classification indicates the awards are held in Mailloux’s name under the company plans, rather than through an external trust or other indirect ownership vehicle.