Honeywell International (NASDAQ: HON) director updates phantom pay
Rhea-AI Filing Summary
Honeywell International director Grace Lieblein reported routine changes in her deferred compensation balance tied to company stock. On January 2, 2026, she acquired 306.3081 Deferred Compensation (Phantom Shares), calculated using a Honeywell common stock price of $195.88 per share under the non-employee director deferred compensation plan, increasing her phantom share balance to 8,397.0995. The same day, 82.15 phantom shares were settled in cash pursuant to elections she made in December 2015, reducing her remaining deferred balance to 8,314.9495. These phantom shares track the value of Honeywell common stock but are settled only in cash, not in actual shares.
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FAQ
What insider activity did HON director Grace Lieblein report?
Director Grace Lieblein reported routine changes in Deferred Compensation (Phantom Shares) on January 2, 2026, including an accrual and a cash settlement tied to Honeywell common stock.
How many phantom shares did Grace Lieblein acquire in this HON Form 4?
She acquired 306.3081 Deferred Compensation (Phantom Shares), based on a Honeywell common stock price of $195.88 per share used for the contribution calculation.
How many phantom shares were settled for Grace Lieblein and at what price?
A total of 82.15 phantom shares were settled in cash on January 2, 2026, with the settlement price noted as $195.88 per share pursuant to her prior elections.
What is Grace Lieblein’s remaining phantom share balance after these HON transactions?
After the reported acquisition and cash settlement, her remaining balance of Deferred Compensation (Phantom Shares) is 8,314.9495, held directly.
Are Grace Lieblein’s phantom shares in HON actual common stock?
No. The Deferred Compensation (Phantom Shares) are bookkeeping units under Honeywell’s Deferred Compensation Plan for Non-Employee Directors and are settled in cash based on Honeywell common stock prices.
How are Honeywell phantom shares calculated for non-employee directors?
According to the plan, phantom shares are allocated by dividing the dollar amount of the contribution by the mean of the highest and lowest Honeywell common stock sales price on the last trading day before the contribution or settlement.