Honeywell (HON) discloses RSU conversion to Solstice and director exit
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honeywell International (HON) filed a Form 4 disclosing a derivative equity change tied to its spinoff of Solstice Advanced Materials Inc. On October 30, 2025, Director Rose Lee had 580 Restricted Stock Units converted into a Solstice Advanced Materials award of equivalent value. The filing states the vesting terms are unchanged and all units will vest on April 15, 2026.
Following the transaction, the number of derivative securities beneficially owned was reported as 0, with ownership listed as direct. The filing also notes that Rose Lee resigned as a Director of Honeywell as of October 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Rose
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 580 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Instrument converts to common stock on a one-for-one basis. The Restricted Stock Units including all accrued dividends were converted to a Solstice Advanced Materials Inc. award of equivalent value on October 30, 2025. The vesting remains unchanged and all units will vest on April 15, 2026.
FAQ
What did HON disclose in this Form 4?
The filing reports that 580 RSUs held by Director Rose Lee were converted into a Solstice Advanced Materials award on October 30, 2025, tied to HON’s spinoff.
What are the vesting terms after the RSU conversion for HON?
The filing states vesting is unchanged; all units will vest on April 15, 2026.
Did the reporting person remain a director of Honeywell (HON)?
No. The filing notes Rose Lee resigned as a Director of Honeywell as of October 30, 2025.
How many derivative securities were held after the transaction?
The Form 4 shows 0 derivative securities beneficially owned following the reported transaction.
What was the nature of the security in the HON Form 4?
It involved Restricted Stock Units that convert to common stock one-for-one, per the explanation.
What corporate action is referenced in the HON filing?
It references the spinoff of Solstice Advanced Materials Inc. from Honeywell International Inc.