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Deferred award adds phantom shares for Honeywell (HON) director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ANGOVE DUNCAN reported acquisition or exercise transactions in this Form 4 filing.

Honeywell International Inc. director Duncan Angove received an award of 153.3733 Deferred Compensation (Phantom Shares) on April 1, 2026. The award was valued using a reference price of $228.20 per share, bringing his total phantom share balance to 9,460.8747.

The phantom shares are credited under Honeywell’s Deferred Compensation Plan for Non-Employee Directors. They track the price of Honeywell common stock but are settled in cash based on the stock price at settlement, rather than delivering actual shares.

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Insider ANGOVE DUNCAN
Role Director
Type Security Shares Price Value
Grant/Award Deferred Compensation (Phantom Shares) 153.373 $228.20 $35K
Holdings After Transaction: Deferred Compensation (Phantom Shares) — 9,460.875 shares (Direct)
Footnotes (1)
  1. Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of Common Stock at settlement. Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections by the Reporting Person as permitted under the Plan.
Phantom shares granted 153.3733 phantom shares Deferred Compensation award on April 1, 2026
Reference price per share $228.20 per share Allocation price for Deferred Compensation (Phantom Shares)
Total phantom shares after award 9,460.8747 phantom shares Deferred Compensation (Phantom Shares) balance following transaction
Underlying common stock units 153.3733 shares Underlying Honeywell common stock equivalent for this award
Deferred Compensation (Phantom Shares) financial
"Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock"
Deferred Compensation Plan for Non-Employee Directors financial
"Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors"
Phantom Shares financial
"Phantom Shares are settled in cash based on the price of Common Stock at settlement"
Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.
Common Stock prices financial
"Common Stock prices are based on the mean of the highest and lowest sales price"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ANGOVE DUNCAN

(Last)(First)(Middle)
855 S. MINT STREET

(Street)
CHARLOTTE NORTH CAROLINA 28202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HONEYWELL INTERNATIONAL INC [ HON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Compensation (Phantom Shares)(1)04/01/2026A(2)153.3733 (2) (2)Common Stock153.3733$228.29,460.8747D
Explanation of Responses:
1. Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of Common Stock at settlement.
2. Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections by the Reporting Person as permitted under the Plan.
Remarks:
Richard Kent for Duncan Angove04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Honeywell (HON) director Duncan Angove report in this Form 4?

Duncan Angove reported receiving 153.3733 Deferred Compensation (Phantom Shares) tied to Honeywell common stock. The grant increased his phantom share balance to 9,460.8747, reflecting a routine non-employee director compensation award rather than an open-market stock purchase or sale.

How are Honeywell’s Deferred Compensation (Phantom Shares) valued?

The phantom shares are allocated by dividing the dollar contribution by Honeywell’s common stock price on the contribution date. That price is the mean of the highest and lowest sales prices on the last trading day before the contribution or settlement, according to the plan’s stated methodology.

Does Duncan Angove receive actual Honeywell shares from this phantom share grant?

No, this award is settled in cash, not stock. The Deferred Compensation (Phantom Shares) track Honeywell’s common stock price, but when they are settled, the reporting person receives a cash amount based on the stock price instead of receiving actual Honeywell shares.

What plan governs the phantom shares reported for Honeywell (HON) director Duncan Angove?

The phantom shares accrue under Honeywell’s Deferred Compensation Plan for Non-Employee Directors. Under this plan, phantom shares are credited to directors and later settled in cash, based on elections made by the reporting person and the company’s common stock price at settlement.

How many Deferred Compensation (Phantom Shares) does Duncan Angove hold after this transaction?

After the April 1, 2026 award, Duncan Angove holds a total of 9,460.8747 Deferred Compensation (Phantom Shares). These represent cash-settled units tied to Honeywell’s common stock price rather than traditional shares with voting or dividend rights.