Honeywell (HON) CEO Vimal Kapur exercises 1,997 RSUs, 868 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honeywell International Chief Executive Officer Vimal Kapur reported routine equity-compensation activity in company stock. On June 1, 2026, he exercised 1,997 restricted stock units, which convert into common stock on a one‑for‑one basis under Honeywell’s 2016 Stock Incentive Plan.
To cover tax obligations, 868 shares of common stock were withheld at $234.99 per share, a non‑market “F” code tax‑withholding disposition rather than an open‑market sale. After these transactions, he held 12,318 shares of common stock directly, plus indirect holdings of common stock in a 401(k) plan and a trust.
The filing also shows 1,930 restricted stock units remaining from this award, which vest 33%, 33% and 34% on June 1, 2025, June 1, 2026 and June 1, 2027. Footnotes note adjustments tied to the Solstice Advanced Materials spin‑off and reinvestment of dividend equivalents into additional restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,997 shares exercised/converted
Mixed
5 txns
Insider
Kapur Vimal
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,997 | $0.00 | -- |
| Exercise | Common Stock | 1,997 | $0.00 | -- |
| Tax Withholding | Common Stock | 868 | $234.99 | $204K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,930 shares (Direct, null);
Common Stock — 13,186 shares (Direct, null);
Common Stock — 34,774 shares (Indirect, Held in a Trust)
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 123 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 June 1, 2025, June 1, 2026 and June 1, 2027, respectively. Excludes reinvestment of dividend equivalents during the vesting period.
Key Figures
RSUs exercised: 1,997 units
Shares withheld for taxes: 868 shares at $234.99
Direct shares after transactions: 12,318 shares
+5 more
8 metrics
RSUs exercised
1,997 units
Restricted Stock Units converted to common stock on June 1, 2026
Shares withheld for taxes
868 shares at $234.99
Tax-withholding disposition (code F) on June 1, 2026
Direct shares after transactions
12,318 shares
Common stock directly held following June 1, 2026 events
Indirect 401(k) holdings
990.2784 shares
Common stock held in a 401(k) plan as of June 1, 2026
Indirect trust holdings
34,774 shares
Common stock held in a trust as of June 1, 2026
Remaining RSUs
1,930 units
Restricted Stock Units remaining after exercise on June 1, 2026
Spin-off adjustment reference date
October 30, 2025
Solstice Advanced Materials spin-off adjustment to RSUs
Dividend equivalents added
123 RSUs
Reinvestment of dividend equivalents into additional restricted stock units
Key Terms
Restricted Stock Units, tax-withholding disposition, 2016 Stock Incentive Plan, dividend equivalents, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units held by the Reporting Person were adjusted..."
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2016 Stock Incentive Plan financial
"granted under the 2016 Stock Incentive Plan of Honeywell International Inc."
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 123 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.
spin-off financial
"adjusted based on an applicable adjustment factor for the Solstice Advanced Materials spin-off"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
FAQ
What did Honeywell (HON) CEO Vimal Kapur report in this Form 4?
Vimal Kapur reported exercising 1,997 restricted stock units into Honeywell common stock. A portion of the resulting shares was withheld to cover taxes, and his remaining direct and indirect shareholdings and unvested RSUs were updated in the filing.
How many restricted stock units does Honeywell CEO Vimal Kapur still hold?
After the June 1, 2026 transaction, Kapur holds 1,930 restricted stock units. These RSUs were granted under Honeywell’s 2016 Stock Incentive Plan and continue to vest in annual tranches through June 1, 2027, subject to the plan’s terms.
What is the vesting schedule for Vimal Kapur’s Honeywell restricted stock units?
The restricted stock units vest 33%, 33% and 34% on June 1, 2025, June 1, 2026 and June 1, 2027. This staged vesting schedule is typical for long-term incentive awards granted under Honeywell’s 2016 Stock Incentive Plan.
How were Vimal Kapur’s Honeywell RSUs affected by the Solstice Advanced Materials spin-off?
A footnote states Kapur’s restricted stock units were adjusted using an applicable adjustment factor for the Solstice Advanced Materials spin-off on October 30, 2025. Such adjustments help preserve the economic value of awards through corporate restructuring events.