Honeywell (HON) Process Technologies CEO receives new option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kenneth J. West, President and CEO of Process Technologies at Honeywell International, reported new equity awards rather than market trades. On June 29, 2026 he received employee stock options for 7,160 and 7,161 shares of common stock at an exercise price of $200.61 per share, expiring on February 19, 2035. He was also granted restricted stock units in three blocks of 997, 998 and 1,976 units, each convertible into Honeywell common stock on a one-for-one basis. Footnotes explain these awards relate to performance share units under Honeywell’s 2016 Stock Incentive Plan, adjusted in connection with the spin-off of Honeywell Aerospace Inc. (HONA) and a reverse stock split, with certain RSUs vesting on February 16, 2027 and others on June 29, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
West Kenneth J
Role
Pres/CEO Process Technologies
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,976 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 998 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 997 | $0.00 | -- |
| Grant/Award | Employee Stock Options (right to buy) | 7,161 | $0.00 | -- |
| Grant/Award | Employee Stock Options (right to buy) | 7,160 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,976 shares (Direct);
Employee Stock Options (right to buy) — 7,161 shares (Direct)
Footnotes (1)
- Instrument converts to common stock, par value $1.00 per share ('Common Stock'), of Honeywell International Inc. ('Honeywell') on a one-for-one basis. Performance share units ('PSUs') granted under the 2016 Stock Incentive Plan of Honeywell International Inc and its Affiliates (the 'Plan') which were later converted in connection with the spin-off of Honeywell Aerospace Inc. ('HONA') from Honeywell on June 29, 2026 into restricted stock units of Honeywell and restricted stock units of HONA and were further adjusted to reflect the reverse stock split of Honeywell, in each case in accordance with the Employee Matters Agreement, dated July 29, 2026 between Honeywell and HONA. The restricted stock units will vest on February 16, 2027. Instrument converts to Common Stock on a one-for-one basis. PSUs granted under the Plan, which vested upon the successful completion of the spin-off of HONA from Honeywell on June 29, 2026 and were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell. PSUs granted under the Plan, with vesting on June 29, 2027 (i.e., the first anniversary of the successful completion of the spin-off of HONA from Honeywell on June 29, 2026), which were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell. Employee stock options granted under the Plan subject to successful completion of the spin-off to HONA from Honeywell on June 29, 2026, which are fully vested and were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell. Employee stock options granted under the Plan subject to successful completion of the spin-off of HONA from Honeywell on June 29, 2026, which will vest on June 29, 2027 and were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell.
Key Figures
Option grant 1: 7,160 options
Option grant 2: 7,161 options
Option exercise price: $200.61/share
+5 more
8 metrics
Option grant 1
7,160 options
Employee stock options granted June 29, 2026
Option grant 2
7,161 options
Employee stock options granted June 29, 2026
Option exercise price
$200.61/share
Exercise price for both option grants
Option expiration
February 19, 2035
Expiration date for both option grants
RSU grant 1
997 RSUs
Restricted stock units granted June 29, 2026
RSU grant 2
998 RSUs
Restricted stock units granted June 29, 2026
RSU grant 3
1,976 RSUs
Restricted stock units granted June 29, 2026
RSU vesting date
February 16, 2027 & June 29, 2027
Disclosed vesting dates in footnotes
Key Terms
Performance share units, Restricted stock units, Reverse stock split, Spin-off, +2 more
6 terms
Restricted stock units financial
"The restricted stock units will vest on February 16, 2027."
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
"were further adjusted to reflect the reverse stock split of Honeywell..."
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
"in connection with the spin-off of Honeywell Aerospace Inc. ('HONA') from Honeywell on June 29, 2026..."
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.
Employee stock options financial
"Employee stock options granted under the Plan subject to successful completion of the spin-off..."
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
2016 Stock Incentive Plan financial
"PSUs granted under the 2016 Stock Incentive Plan of Honeywell International Inc and its Affiliates..."
FAQ
What insider transactions did Kenneth J. West report at Honeywell (HON)?
Kenneth J. West reported new equity awards, not market trades. He received grants of employee stock options and restricted stock units tied to Honeywell common stock as part of compensation, connected to the Honeywell Aerospace Inc. spin-off and a reverse stock split.
How many stock options did Kenneth J. West receive in this HON Form 4?
He received two option grants covering 7,160 and 7,161 shares of Honeywell common stock. Both grants are employee stock options with an exercise price of $200.61 per share and an expiration date of February 19, 2035, reported as directly owned.
What RSU awards were granted to Kenneth J. West in Honeywell’s filing?
He was granted restricted stock units in three tranches of 997, 998 and 1,976 units. Each RSU converts into one share of Honeywell common stock, with vesting dates disclosed for certain awards in 2027, subject to plan terms and prior spin-off adjustments.
Are these Honeywell (HON) Form 4 transactions open-market buys or sales?
No, these are compensation-related equity grants. The Form 4 shows awards of employee stock options and restricted stock units with a transaction code A, indicating grants or awards, and transaction price per share of zero rather than open-market purchase or sale activity.
When do Kenneth J. West’s new Honeywell RSUs vest?
Footnotes disclose that certain restricted stock units vest on February 16, 2027, while other PSU-derived RSUs vest on June 29, 2027, the first anniversary of the successful completion of the HONA spin-off, all under Honeywell’s 2016 Stock Incentive Plan.