Honeywell International (HON) CEO exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honeywell International president & CEO, BA Billal Hammoud reported equity award activity in company stock. On February 16, 2026, he exercised 698 Restricted Stock Units that convert to common stock on a one-for-one basis, increasing his directly held common shares and RSUs.
To cover tax obligations related to this vesting, 315 common shares were automatically withheld at $241.09 per share as a tax-withholding disposition, not an open-market sale. After these transactions, he directly owned 4,788 common shares and 1,359 RSUs, plus 415.3758 common shares held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
698 shares exercised/converted
Mixed
4 txns
Insider
Hammoud Billal
Role
President & CEO, BA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 698 | $0.00 | -- |
| Exercise | Common Stock | 698 | $0.00 | -- |
| Tax Withholding | Common Stock | 315 | $241.09 | $76K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,359 shares (Direct);
Common Stock — 5,103 shares (Direct);
Common Stock — 415.376 shares (Indirect, Held in 401(k) plan)
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 29 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.
FAQ
What insider transactions did Honeywell (HON) CEO Billal Hammoud report?
Billal Hammoud reported exercising 698 Restricted Stock Units into Honeywell common stock and an automatic withholding of 315 shares to cover taxes. These movements reflect routine equity compensation activity rather than open-market buying or selling of Honeywell shares.
What are the vesting terms for Billal Hammoud’s Honeywell Restricted Stock Units?
The Restricted Stock Units were granted under Honeywell’s 2016 Stock Incentive Plan and vest 33%, 33% and 34% on February 16, 2026, February 16, 2027 and February 16, 2028. The award excludes future reinvestment of dividend equivalents during the vesting period.
How were Honeywell (HON) RSUs adjusted for the Solstice Advanced Materials spin-off?
The filing notes that the Restricted Stock Units held by Billal Hammoud were adjusted using an applicable adjustment factor following the Solstice Advanced Materials spin-off on October 30, 2025. This adjustment maintained economic alignment after the separation transaction.
Do Billal Hammoud’s Honeywell RSUs include dividend equivalents?
The disclosure states that his Restricted Stock Units include reinvestment of dividend equivalents into 29 additional RSUs. However, it also clarifies that the reported figures exclude any further reinvestment of dividend equivalents that may occur during the remaining vesting period.