Honeywell (NASDAQ: HON) director reports 306 phantom share units awarded
Rhea-AI Filing Summary
Honeywell International director Craig Arnold reported an acquisition of 306.3081 Deferred Compensation (Phantom Shares) units on January 2, 2026 under the company’s deferred compensation plan for non-employee directors. These phantom shares are priced using Honeywell common stock on the contribution date and are designed to track the stock’s value.
After this transaction, Arnold beneficially holds a total of 355.9238 phantom share units in direct form. According to the plan terms, these phantom shares are not actual common stock but bookkeeping units that will be settled in cash based on the price of Honeywell common stock at the time of settlement, following elections made by Arnold under the plan.
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FAQ
What insider transaction did HON director Craig Arnold report?
Craig Arnold, a director of Honeywell International Inc. (HON), reported the acquisition of 306.3081 Deferred Compensation (Phantom Shares) units on January 2, 2026, as shown in a Form 4 filing.
How many Honeywell phantom share units does Craig Arnold hold after this Form 4?
Following the reported transaction, Craig Arnold beneficially owns 355.9238 Deferred Compensation (Phantom Shares) units, all listed as direct ownership.
What are Deferred Compensation (Phantom Shares) at Honeywell (HON)?
The Deferred Compensation (Phantom Shares) are units accrued under Honeywell’s Deferred Compensation Plan for Non-Employee Directors. They are allocated by dividing the contribution amount by the Honeywell common stock price, based on the mean of the highest and lowest sale price on the last trading day before the contribution or settlement.
Are Honeywell phantom shares actual HON common stock?
No. The filing states that Phantom Shares are settled in cash based on the price of Honeywell common stock at settlement. They are bookkeeping units tied to the stock price, not actual shares of common stock.
How and when are Honeywell phantom shares settled for Craig Arnold?
According to the footnotes, phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections made by Craig Arnold as permitted under the plan.
Is this Honeywell Form 4 transaction related to open-market trading?
The reported transaction involves Deferred Compensation (Phantom Shares) units, not a purchase or sale of Honeywell common stock in the open market. The units are part of a deferred compensation arrangement for non-employee directors.