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Phantom share award boosts Honeywell (HON) director’s deferred pay

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Form Type
4

Rhea-AI Filing Summary

ANGOVE DUNCAN reported acquisition or exercise transactions in this Form 4 filing.

HONEYWELL INTERNATIONAL INC director Duncan Angove received an award of 336.5822 deferred compensation phantom shares tied to Honeywell common stock. The award was valued using a reference price of $221.75 per share for allocation purposes.

These phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on the Honeywell common stock price at settlement, according to Angove’s elections under the plan. Following this award, his deferred compensation phantom share balance is 9,790.3380 units.

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Insider ANGOVE DUNCAN
Role Director
Type Security Shares Price Value
Grant/Award Deferred Compensation (Phantom Shares) 336.582 $221.75 $75K
Holdings After Transaction: Deferred Compensation (Phantom Shares) — 9,790.338 shares (Direct)
Footnotes (1)
  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.
Phantom shares granted 336.5822 units Deferred Compensation (Phantom Shares) award on 2026-07-01
Reference price per share <money>$221.75</money> per share Used to allocate deferred compensation phantom shares
Total phantom shares after award 9,790.3380 units Deferred compensation phantom share balance following transaction
Conversion/exercise price <money>$0.00</money> Phantom shares under deferred compensation plan
Deferred Compensation (Phantom Shares) financial
"Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date"
Deferred Compensation Plan for Non-Employee Directors financial
"Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash"
phantom shares financial
"Phantom Shares are settled in cash based on the price of Common Stock at settlement"
Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"

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FAQ

What did Honeywell (HON) director Duncan Angove report in this Form 4?

Director Duncan Angove reported receiving 336.5822 deferred compensation phantom shares tied to Honeywell common stock. These units are a compensation award, not an open-market purchase, and increase his deferred compensation balance to 9,790.3380 phantom share units.

How are Duncan Angove’s Honeywell deferred compensation phantom shares valued?

The 336.5822 phantom shares were allocated using a Honeywell common stock reference price of $221.75 per share. The number of units is calculated by dividing the contribution’s dollar amount by this price, as described in the deferred compensation plan.

Will Honeywell (HON) issue actual shares for Duncan Angove’s phantom share award?

No, the filing states that phantom shares under the Deferred Compensation Plan for Non-Employee Directors are settled in cash. Cash settlement is based on Honeywell common stock’s price at the time of settlement, according to the director’s elections.

What is Duncan Angove’s total deferred compensation phantom share balance at Honeywell?

After this award, Duncan Angove’s total deferred compensation phantom share balance is 9,790.3380 phantom shares. This figure reflects the cumulative phantom units accrued under Honeywell’s Deferred Compensation Plan for Non-Employee Directors as of the reported transaction date.

Is Duncan Angove’s Honeywell Form 4 transaction a stock purchase or sale?

No, this Form 4 does not show a stock purchase or sale. It reports a grant or award acquisition (code A) of deferred compensation phantom shares, which are cash-settled units linked to Honeywell’s common stock price rather than traded shares.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ANGOVE DUNCAN

(Last)(First)(Middle)
855 S. MINT STREET

(Street)
CHARLOTTE NORTH CAROLINA 28202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HONEYWELL INTERNATIONAL INC [ HON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Compensation (Phantom Shares)(1)07/01/2026A(2)336.5822 (2) (2)Common Stock336.5822$221.759,790.338D
Explanation of Responses:
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.
2. 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.
Remarks:
Richard Kent for Duncan Angove07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)