Honeywell (HON) grants options and RSUs to business unit CEO
Rhea-AI Filing Summary
HONEYWELL INTERNATIONAL INC reported that Billal Hammoud, Pres/CEO Building Automation, received multiple equity awards tied to the Honeywell Aerospace Inc. spin-off. On June 29, 2026 he was granted employee stock options covering 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 for 997, 998, and 1,976 shares, each converting into common stock on a one-for-one basis. Footnotes state certain units vest on February 16, 2027 and on June 29, 2027 following the successful completion of the HONA spin-off and a reverse stock split. These are compensation-related grants with no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Hammoud Billal
Role
Pres/CEO Building Automation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,976 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 998 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 997 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Options (right to buy) | 7,161 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Options (right to buy) | 7,160 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,971 shares (Direct);
Employee Stock Options (right to buy) — 14,321 shares (Direct)
Footnotes (8)
- F1. Instrument converts to common stock, par value $1.00 er share ('Common Stock'), of Honeywell International Inc. ('Honeywell') on a one-for-one basis.
- F2. 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.
- F3. The restricted stock units will vest on February 16, 2027.
- F4. Instrument converts to Common Stock on a one-for-one basis.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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
Stock options grant 1: 7,160 options
Stock options grant 2: 7,161 options
RSU grant 1: 997 units
+5 more
8 metrics
Stock options grant 1
7,160 options
Exercise price $200.61; expires February 19, 2035
Stock options grant 2
7,161 options
Exercise price $200.61; expires February 19, 2035
RSU grant 1
997 units
Converts one-for-one into common stock
RSU grant 2
998 units
Converts one-for-one into common stock
RSU grant 3
1,976 units
Converts one-for-one into common stock
Option exercise price
$200.61/share
Employee stock options granted June 29, 2026
RSU vesting date
February 16, 2027
Certain restricted stock units vest on this date
Spin-off anniversary vesting
June 29, 2027
PSU-based RSUs vest on first anniversary of HONA spin-off
Key Terms
Restricted Stock Units, Performance share units ('PSUs'), reverse stock split, spin-off, +2 more
6 terms
Restricted Stock Units financial
"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
"completion of the spin-off of Honeywell Aerospace Inc. ('HONA') from Honeywell..."
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 Matters Agreement financial
"in accordance with the Employee Matters Agreement, dated July 29, 2026..."
2016 Stock Incentive Plan financial
"PSUs granted under the 2016 Stock Incentive Plan of Honeywell International Inc..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Honeywell (HON) report for Billal Hammoud?
Honeywell reported that Billal Hammoud received stock option and restricted stock unit grants on June 29, 2026. These equity awards are compensation-related and do not involve open-market purchases or sales of Honeywell common stock.
How many stock options were granted to Billal Hammoud at Honeywell (HON)?
Billal Hammoud was granted two employee stock option awards covering 7,160 and 7,161 shares of Honeywell common stock. Both option grants have an exercise price of $200.61 per share and expire on February 19, 2035.
What restricted stock units did Billal Hammoud receive from Honeywell (HON)?
He received three restricted stock unit awards for 997, 998, and 1,976 shares of Honeywell common stock. Each unit converts into one share of common stock, subject to vesting conditions described in the equity plan and spin-off related agreements.
When will Billal Hammoud’s Honeywell (HON) restricted stock units vest?
Footnotes state certain restricted stock units will vest on February 16, 2027 and others on June 29, 2027. The June 29, 2027 vesting corresponds to the first anniversary of the successful completion of the HONA spin-off.
Are Billal Hammoud’s Honeywell (HON) awards linked to the HONA spin-off?
Yes. Footnotes explain prior performance share units were converted into Honeywell and HONA restricted stock units in connection with the HONA spin-off and a reverse stock split, under an Employee Matters Agreement between Honeywell and HONA.