Honeywell (HON) director Michael Lamach exercises 625 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honeywell International Inc. director Michael W. Lamach exercised restricted stock units into common stock. On April 15, 2026, 625 restricted stock units converted into 625 shares of Honeywell common stock on a one-for-one basis, with the common stock transaction reported at $230.93 per share.
The units were granted under Honeywell’s 2016 Stock Plan for Non-Employee Directors and vested on April 15, 2026, including 13 additional units from reinvested dividend equivalents. Following the transaction, Lamach directly held 2,278 shares of Honeywell common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
625 shares exercised/converted
Mixed
2 txns
Insider
LAMACH MICHAEL W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | -- |
| Exercise | Common Stock | 625 | $230.93 | $144K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 2,278 shares (Direct)
Footnotes (1)
- Instrument converts to common stock on a one-for-one basis. Includes the reinvestment of dividend equivalents into 13 additional restricted stock units. The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc. and vested on April 15, 2026.
Key Figures
RSUs exercised: 625 units
Common shares received: 625 shares
Reported share price: $230.93 per share
+2 more
5 metrics
RSUs exercised
625 units
Restricted Stock Units converting to common stock on April 15, 2026
Common shares received
625 shares
Shares of Honeywell common stock from RSU conversion
Reported share price
$230.93 per share
Price reported for the common stock transaction
Shares held after transaction
2,278 shares
Direct Honeywell common stock holdings following RSU conversion
Dividend equivalent RSUs
13 units
Additional restricted stock units from dividend equivalent reinvestment
Key Terms
Restricted Stock Units, dividend equivalents, 2016 Stock Plan for Non-Employee Directors, derivative security
4 terms
Restricted Stock Units financial
"The filing reports transactions in “Restricted Stock Units” that convert into common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Footnotes note reinvestment of “dividend equivalents” into 13 additional restricted stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
2016 Stock Plan for Non-Employee Directors financial
"The Restricted Stock Units were granted under the “2016 Stock Plan for Non-Employee Directors of Honeywell International Inc.”"
derivative security financial
"The transaction code description is “Exercise or conversion of derivative security.”"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did HON director Michael W. Lamach report?
Michael W. Lamach reported exercising restricted stock units into Honeywell common stock. On April 15, 2026, 625 restricted stock units converted into 625 common shares under the company’s director stock plan, increasing his directly held Honeywell share position.
What is the one-for-one conversion mentioned in the HON Form 4 footnotes?
The footnotes state the restricted stock units convert into Honeywell common stock on a one-for-one basis. This means each unit became one share, so 625 restricted stock units produced 625 common shares when they vested and were exercised.
What Honeywell equity plan granted Michael W. Lamach’s restricted stock units?
His restricted stock units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc. The units vested on April 15, 2026, and included 13 extra units created by reinvested dividend equivalents before conversion into common stock.