Honeywell (NASDAQ: HON) grants 5,368 RSUs to vice president Mailloux
Rhea-AI Filing Summary
Mailloux Robert D. reported acquisition or exercise transactions in this Form 4 filing.
Honeywell International Inc. reported that Vice President & Controller Robert D. Mailloux received a grant of 5,368 Restricted Stock Units, each convertible into one share of common stock. The award, granted under the 2016 Stock Incentive Plan, will vest 50% on August 3, 2028 and 50% on August 3, 2029, and is held directly.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mailloux Robert D.
Role
Vice President & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 5,368 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,368 shares (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 Incentive Plan of Honeywell International Inc. and its Affiliates and will vest 50% on August 3, 2028 and 50% on August 3, 2029.
Key Figures
Restricted Stock Units granted: 5,368 Restricted Stock Units
Vesting date - first 50%: August 3, 2028
Vesting date - remaining 50%: August 3, 2029
+1 more
4 metrics
Restricted Stock Units granted
5,368 Restricted Stock Units
Grant to Robert D. Mailloux on 2026-08-03
Vesting date - first 50%
August 3, 2028
First half of RSU award vests
Vesting date - remaining 50%
August 3, 2029
Second half of RSU award vests
Conversion ratio
1 RSU for 1 share of Common Stock
Instrument converts to common stock on a one-for-one basis
Key Terms
Restricted Stock Units, 2016 Stock Incentive Plan, vest
3 terms
Restricted Stock Units financial
"The Restricted Stock Units were granted under the 2016 Stock Incentive Plan"
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 Incentive Plan financial
"granted under the 2016 Stock Incentive Plan of Honeywell International Inc."
vest financial
"will vest 50% on August 3, 2028 and 50% on August 3, 2029"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HON report for Robert D. Mailloux?
Honeywell reported that Robert D. Mailloux received a grant of 5,368 Restricted Stock Units. These RSUs are a form of stock-based compensation that convert into Honeywell common stock over time as they vest according to the stated schedule.
How many restricted stock units were granted to the HON vice president?
Robert D. Mailloux was granted 5,368 Restricted Stock Units of Honeywell International Inc. Each RSU represents the right to receive one share of Honeywell common stock upon conversion, subject to the vesting conditions and timing described in the award terms.
When do the Honeywell (HON) RSUs granted to Mailloux vest?
The RSUs granted to Mailloux vest in two equal installments: 50% on August 3, 2028 and 50% on August 3, 2029. He receives the underlying common shares only as each portion vests under this time-based schedule.
Under which plan were Mailloux’s HON restricted stock units granted?
Mailloux’s RSUs were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates. This plan governs the terms of equity awards, including vesting conditions and the conversion of units into common stock.
Do Mailloux’s Honeywell RSUs convert into common stock, and at what ratio?
Yes. The filing states that the instrument converts to common stock on a one-for-one basis. This means each vested restricted stock unit will be settled in one share of Honeywell International Inc. common stock, subject to the plan’s terms.