Honeywell International Inc. (HON) director reports new deferred phantom shares
Rhea-AI Filing Summary
Honeywell International Inc. director Kevin Burke reported an acquisition of deferred compensation phantom share units tied to Honeywell common stock. On January 2, 2026, he acquired 306.3081 Deferred Compensation (Phantom Shares) at a reference price of $195.88 per unit. After this transaction, he holds a total of 13,711.9605 phantom share units on a direct basis.
The phantom shares are credited under Honeywell’s Deferred Compensation Plan for Non-Employee Directors. According to the plan terms, the number of phantom shares is determined by dividing the dollar amount of the contribution by the applicable Honeywell common stock price, based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. These phantom shares do not represent actual stock; they are settled in cash in the future based on Honeywell’s common stock price and Burke’s elections under the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 306.308 | $195.88 | $60K |
Footnotes (1)
- Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of Common Stock at settlement. Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections by the Reporting Person as permitted under the Plan.
FAQ
What insider transaction did Kevin Burke report for Honeywell (HON)?
Kevin Burke, a director of Honeywell International Inc., reported acquiring 306.3081 Deferred Compensation (Phantom Shares) on January 2, 2026. These units are part of his non-employee director deferred compensation.