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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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.
How many Honeywell phantom shares does Marc Steinberg hold after this Form 4?
After the reported transaction, Marc Steinberg beneficially owns 473.6517 Deferred Compensation (Phantom Shares) related to Honeywell common stock, held in a direct capacity.
What are Deferred Compensation (Phantom Shares) for HON directors?
Honeywell’s Deferred Compensation (Phantom Shares) are bookkeeping units credited to non-employee directors. They are based on Honeywell common stock prices but do not represent actual shares and are ultimately settled in cash.
How are Honeywell phantom shares calculated and allocated?
Phantom shares are allocated by dividing the dollar amount of a director’s contribution by the price per share of Honeywell common stock, which is based on the mean of the highest and lowest sale price on the last trading day before contribution or settlement.
How and when are Honeywell phantom shares settled for Marc Steinberg?
The phantom shares accrued under Honeywell’s Deferred Compensation Plan for Non-Employee Directors will be settled in cash, based on the Honeywell common stock price at settlement, according to elections made by the reporting director.
Is the reported Honeywell phantom share transaction direct or indirect ownership?
The Form 4 indicates direct ownership (D) of the Deferred Compensation (Phantom Shares) by Marc Steinberg, with no separate entity specified for indirect ownership.