Honeywell director granted 576 stock units
Honeywell International Inc. director Duncan Angove received a grant of 576 Restricted Stock Units.
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Form Type
4
Rhea-AI Filing Summary
Honeywell International Inc. director Duncan Angove received a grant of 576 Restricted Stock Units. These RSUs were awarded at no cash cost as a compensation grant and each unit converts into one share of Honeywell common stock on a one-for-one basis.
The RSUs were granted under Honeywell’s 2016 Stock Plan for Non-Employee Directors and vest on April 15, 2027. After this award, Angove holds 576 Restricted Stock Units directly, giving him a deferred equity-based stake aligned with Honeywell’s future share performance.
Insider Trade Summary
Grant/Award: 576 shares
Grant/Award
1 txn
Insider
ANGOVE DUNCAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 576 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 576 contracts (Direct)
Footnotes (2)
- F1. Instrument converts to common stock on a one-for-one basis.
- F2. The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc. and vest on April 15, 2027.
Key Figures
RSUs granted: 576 units
Underlying common shares: 576 shares
Grant price: $0.00 per unit
+2 more
5 metrics
RSUs granted
576 units
Restricted Stock Units grant to Duncan Angove
Underlying common shares
576 shares
One-for-one conversion to Honeywell common stock
Grant price
$0.00 per unit
Equity compensation, no cash paid by director
RSUs after transaction
576 units
Total Restricted Stock Units held following grant
Vesting date
April 15, 2027
RSUs vest under 2016 Stock Plan for Non-Employee Directors
Key Terms
Restricted Stock Units, 2016 Stock Plan for Non-Employee Directors, Common Stock, vest
4 terms
Restricted Stock Units financial
"The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc."
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.
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."
Common Stock financial
"Instrument converts to common stock on a one-for-one basis."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc. and vest on April 15, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HON director Duncan Angove report?
Duncan Angove reported receiving 576 Restricted Stock Units as a grant. The award is a form of equity compensation that converts into Honeywell common stock on a one-for-one basis, aligning his interests with shareholders over time.
How many Honeywell (HON) Restricted Stock Units were granted to Duncan Angove?
Duncan Angove was granted 576 Restricted Stock Units. Each unit represents the right to receive one share of Honeywell common stock in the future, subject to vesting conditions under the company’s non-employee director stock plan.
When do Duncan Angove’s Honeywell (HON) Restricted Stock Units vest?
The 576 Restricted Stock Units granted to Duncan Angove vest on April 15, 2027. Vesting means the units become earned and can convert into Honeywell common shares according to the terms of the company’s 2016 Stock Plan for Non-Employee Directors.
What does one-for-one conversion mean for HON director Angove’s RSUs?
One-for-one conversion means each of the 576 Restricted Stock Units can convert into one Honeywell common share. This direct linkage ties the value of Angove’s equity award to Honeywell’s future stock performance once the units vest.
How many Honeywell (HON) Restricted Stock Units does Duncan Angove hold after this grant?
After this grant, Duncan Angove holds 576 Restricted Stock Units directly. These units, once vested and converted, would provide him with an equivalent number of Honeywell common shares, representing part of his overall director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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