Honeywell (HON) exec exercises RSUs, withholds 656 shares for tax
Rhea-AI Filing Summary
Honeywell International executive James E. Currier, Pres & CEO, AERO Technologies, exercised 1,566 Restricted Stock Units on a one-for-one basis into common stock. To cover tax obligations, 656 common shares were disposed of at $214.09 per share. Currier now directly holds 6,287 common shares, plus 848.9745 shares held indirectly in a 401(k) plan. The RSUs, granted under the 2016 Stock Incentive Plan, vest 33%, 33% and 34% on February 16, 2026, February 16, 2027 and February 16, 2028, and include adjustments for the Solstice Advanced Materials spin-off and dividend-equivalent reinvestments.
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Insights
Routine RSU vesting with tax-share withholding, not an open-market sale.
James E. Currier exercised 1,566 Restricted Stock Units into Honeywell common stock through a derivative conversion. This reflects equity compensation vesting rather than an open-market purchase. The RSUs were granted under the 2016 Stock Incentive Plan and convert to common stock on a one-for-one basis.
To satisfy tax obligations tied to this vesting, 656 common shares were disposed of at $214.09 per share via a tax-withholding transaction coded "F". Such dispositions typically do not generate cash proceeds for the insider, as shares are withheld rather than sold at the insider’s discretion.
After these transactions, Currier holds 6,287 common shares directly, plus 848.9745 shares indirectly through a 401(k) plan. The footnotes note an adjustment for the Solstice Advanced Materials spin-off and reinvestment of dividend equivalents into 65 additional RSUs, which modestly increases long-term equity exposure as remaining tranches vest through February 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,566 | $0.00 | -- |
| Exercise | Common Stock | 1,566 | $0.00 | -- |
| Tax Withholding | Common Stock | 656 | $214.09 | $140K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The Restricted Stock Units held by the Reporting Person were adjusted based on an applicable adjustment factor for the Solstice Advanced Materials spin-off that occurred on October 30, 2025. Instrument converts to common stock on a one-for-one basis. Includes the reinvestment of dividend equivalents into 65 additional restricted stock units. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and vest 33%, 33% and 34% on each of February 16, 2026, February 16, 2027 and February 16, 2028, respectively. Excludes reinvestment of dividend equivalents during the vesting period.