HON Form 4: Lucian Boldea Exercises Options and Sells Shares on Aug 27, 2025
Rhea-AI Filing Summary
Lucian Boldea, President and CEO, IA of Honeywell International Inc. (HON), reported multiple stock option exercises and open-market sales on 08/27/2025. He exercised 17,594 options at $171.73, 11,903 options at $199.60, and 6,684 options at $197.68 to acquire the same number of common shares. On the same date he sold matching amounts: 17,594 shares at a weighted-average price of $221.6036, 11,903 shares at $221.6036, 6,684 shares at $221.6036, and an additional 5,968 shares at $221.4404. Following these transactions, the reporting person beneficially owned 16,302 shares directly, with an additional 259.1954 indicated as held indirectly in a 401(k) plan.
The Form 4 lists the exercised options' original grant details and vesting schedules and discloses that the reported sale prices were executed in multiple transactions (range noted in footnote). These are routine officer option exercises and subsequent share sales reported under Section 16.
Positive
- Full disclosure of option grants and vesting schedules for the exercised option lots, enabling investor assessment of timing and dilution
- Sales reported with weighted-average prices and a footnote offering per-trade breakdowns, supporting transparency
- Transactions appear to be routine exercises and sales, consistent with standard executive compensation monetization
Negative
- Direct beneficial ownership reduced to 16,302 shares following the reported transactions
- Additional open-market sales (5,968 shares at $221.4404) further decrease insider holdings compared with pre-transaction totals
Insights
TL;DR: Officer exercised vested options and sold shares the same day, modestly reducing direct holdings to 16,302 shares.
The transactions reflect simultaneous option exercises and open-market sales on 08/27/2025. Exercised option lots totaled 36,181 shares acquired across three strike prices ($171.73, $199.60, $197.68). Reported sales matched those acquired amounts plus an additional 5,968-share sale, executed at weighted-average prices around $221.60. These actions are typical for monetizing option gains and do not, by themselves, indicate a change in company fundamentals. From an investor-impact perspective, the moves slightly increase float but are unlikely to be material relative to Honeywell’s market capitalization.
TL;DR: Insider compliance appears complete; Form 4 discloses option grants, vesting schedules, and sales with weighted-average prices.
The filing includes grant and vesting details for options from the 2016 Stock Incentive Plan, with clear footnotes explaining vesting tranches. Sales were reported with a weighted-average price and a footnote offering to provide per-trade price breakdowns on request, which supports regulatory transparency. The reporting person remains a named officer and filed the disclosure timely. No regulatory exceptions, plan designation, or 10b5-1 indicator is explicitly marked on the face of the form.