Honeywell International (HON) CEO settles 3,090 RSUs tied to spin-off
Rhea-AI Filing Summary
Honeywell International CEO Vimal Kapur settled 3,090 restricted stock units into an equal number of shares of common stock on July 16, 2026. These RSUs were granted under the 2016 Stock Incentive Plan, vested upon the June 29, 2026 spin-off of Honeywell Aerospace Inc. from Honeywell International Inc., and were adjusted for the spin-off and a reverse stock split; the amount includes 98 units from reinvested dividend equivalents.
To satisfy tax obligations, 1,343 shares of common stock were withheld at $239.58 per share. After these transactions, Kapur indirectly holds 23,288 shares in a trust and 499.0636 shares in a 401k plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,747 shares
Net Buy
5 txns
Insider
Kapur Vimal
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F2 | 3,090 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3 | 3,090 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 1,343 | $239.58 | $322K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 2,037 shares (Direct);
Common Stock — 23,288 shares (Indirect, Held in a Trust);
Common Stock — 499.0636 shares (Indirect, Held in a 401k 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 98 additional restricted stock units.
- F3. Instrument converts to common stock of Honeywell Technologies on a one-for-one basis.
Key Figures
RSUs settled: 3,090 units
Dividend equivalent RSUs: 98 units
Shares withheld for taxes: 1,343 shares
+4 more
7 metrics
RSUs settled
3,090 units
Restricted stock units converted to common stock on July 16, 2026
Dividend equivalent RSUs
98 units
Additional RSUs from reinvestment of dividend equivalents included in settlement
Shares withheld for taxes
1,343 shares
Common stock withheld to satisfy tax obligations on July 16, 2026
Tax withholding price
$239.58 per share
Price used for share-based tax withholding disposition
Trust holdings
23,288 shares
Common stock held indirectly in a trust after transactions
401k holdings
499.0636 shares
Common stock held indirectly in a 401k plan after transactions
Spin-off vesting date
June 29, 2026
Date of Honeywell Aerospace Inc. spin-off that triggered RSU vesting
Key Terms
Restricted Stock Units, dividend equivalents, reverse stock split, spin-off, +1 more
5 terms
Restricted Stock Units financial
"Reflects settlement of restricted share units 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.
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 98 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.
reverse stock split financial
"and further adjusted to reflect the reverse stock split of Honeywell Technologies."
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.
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.
401k plan financial
"total_shares_following_transaction: 499.0636, nature_of_ownership: Held in a 401k plan"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Honeywell (HON) CEO Vimal Kapur report?
Vimal Kapur reported settlement of 3,090 restricted stock units into common stock on July 16, 2026. The RSUs were part of Honeywell’s 2016 Stock Incentive Plan and vested upon completion of the June 29, 2026 aerospace spin-off, with associated tax withholding in shares.
How many RSUs vested for HON’s CEO in connection with the aerospace spin-off?
A total of 3,090 restricted stock units vested for Vimal Kapur in connection with the June 29, 2026 spin-off of Honeywell Aerospace Inc. The amount includes 98 additional units created by reinvestment of dividend equivalents and was adjusted for the spin-off and a reverse stock split.
Were Vimal Kapur’s Honeywell (HON) transactions executed under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating these transactions are not identified as being made under a Rule 10b5-1 trading plan. No footnotes describe any pre-arranged trading plan in connection with the reported equity settlements and tax withholding.
What triggered the vesting of Vimal Kapur’s RSUs in this Honeywell (HON) Form 4?
The RSUs vested upon the successful completion of the June 29, 2026 spin-off of Honeywell Aerospace Inc. from Honeywell International Inc. The award was then adjusted for the spin-off and a reverse stock split before settling into common stock on July 16, 2026.