Honeywell International (HON) director awarded 306 phantom share units
Rhea-AI Filing Summary
Honeywell International Inc. director Marc Steinberg reported an acquisition of deferred compensation units tied to Honeywell stock. On January 2, 2026, he was credited with 306.3081 Deferred Compensation (Phantom Shares) at a reference price of $195.88 per share, increasing his holdings in this deferred compensation instrument to 473.6517 phantom shares, held directly.
These phantom shares are bookkeeping units under Honeywell’s Deferred Compensation Plan for Non-Employee Directors. They are allocated by dividing the dollar amount of the contribution by the Honeywell common stock price, based on the mean of the highest and lowest sale price before the contribution or settlement. The phantom shares do not represent actual stock and will be settled in cash based on the Honeywell common stock price at the time of settlement, according to the director’s elections under the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 306.308 | $195.88 | $60K |
Footnotes (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.
FAQ
What insider transaction did HON director Marc Steinberg report?
Marc Steinberg, a director of Honeywell International Inc. (HON), reported an acquisition of 306.3081 Deferred Compensation (Phantom Shares) on January 2, 2026 under a deferred compensation plan.