Honeywell (HON) awards director Robin Watson 576 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HONEYWELL INTERNATIONAL INC director Robin Watson received a grant of 576 restricted stock units as equity compensation.
The units convert into common stock on a one-for-one basis and are scheduled to vest on April 15, 2027, under Honeywell’s 2016 Stock Plan for Non-Employee Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watson Robin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 576 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 576 shares (Direct, null)
Footnotes (1)
- Instrument converts to common stock on a one-for-one basis. 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
RSU grant size: 576 units
Vesting date: April 15, 2027
Conversion ratio: 1 RSU : 1 share
+1 more
4 metrics
RSU grant size
576 units
Restricted stock units granted to director Robin Watson
Vesting date
April 15, 2027
Scheduled vesting date for the RSU award
Conversion ratio
1 RSU : 1 share
RSUs convert into Honeywell common stock on a one-for-one basis
Shares following transaction
576 units
Total RSUs held after this grant in the filing
Key Terms
Restricted Stock Units, 2016 Stock Plan for Non-Employee Directors, vest, converts to common stock
4 terms
Restricted Stock Units financial
"Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors"
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."
vest financial
"The Restricted Stock Units were granted ... 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.
converts to common stock financial
"Instrument converts to common stock on a one-for-one basis."
FAQ
What insider transaction did Honeywell (HON) report for director Robin Watson?
Honeywell reported that director Robin Watson received a grant of 576 restricted stock units. These awards are a form of equity compensation and will convert into Honeywell common stock on a one-for-one basis once they vest on April 15, 2027.
How many restricted stock units did Robin Watson receive from Honeywell (HON)?
Robin Watson received 576 restricted stock units from Honeywell. Each unit represents the right to receive one share of Honeywell common stock, subject to vesting conditions specified in the company’s 2016 Stock Plan for Non-Employee Directors.
When do Robin Watson’s Honeywell (HON) restricted stock units vest?
The restricted stock units granted to Robin Watson vest on April 15, 2027. Vesting means the units become payable in shares of common stock at that time, assuming the director continues to meet the plan’s service and eligibility requirements.
Under which plan were Robin Watson’s Honeywell (HON) RSUs granted?
The restricted stock units were granted under Honeywell’s 2016 Stock Plan for Non-Employee Directors. This plan provides equity-based compensation to non-employee board members, aligning their interests with shareholders through stock-linked awards that vest over time.
What does one-for-one conversion mean for Honeywell (HON) RSUs granted to Robin Watson?
One-for-one conversion means each restricted stock unit will convert into one share of Honeywell common stock upon vesting. For Robin Watson, 576 RSUs therefore correspond to 576 potential shares, subject to the vesting date and plan conditions.