Honeywell CFO exercises 401 RSUs, withholds shares
Honeywell International Inc SrVP & Chief Financial Officer Michal Stepniak reported an August 1, 2026 equity transaction.
Rhea-AI Filing Summary
Honeywell International Inc SrVP & Chief Financial Officer Michal Stepniak reported an August 1, 2026 equity transaction. He exercised 401 restricted stock units into 401 shares of common stock under the 2016 Stock Incentive Plan. To pay the exercise price or tax liability, 175 common shares were delivered at $242.01 per share. Following these events, 389 restricted stock units remained outstanding (excluding future dividend-equivalent reinvestments), and 346.7711 common shares were held indirectly in a 401(k) plan.
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Insider Trade Summary
401 shares exercised/converted
Exercise
4 txns
Insider
Stepniak Michal
Role
SrVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4, F5 | 401 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 401 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 175 | $242.01 | $42K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 389 contracts (Direct);
Common Stock — 2,931 shares (Direct);
Common Stock — 346.7711 shares (Indirect, Held in 401(k) plan)
Footnotes (5)
- F1. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and were adjusted to reflect the spin-off of Solstice Advanced Materials Inc. from Honeywell International Inc. ("Honeywell Technologies") on October 30, 2025, and further adjusted to reflect the spin-off of Honeywell Aerospace Inc. from Honeywell Technologies on June 29, 2026 and the reverse stock split of Honeywell Technologies.
- F2. Instrument converts to common stock on a one-for-one basis.
- F3. Includes the reinvestment of dividend equivalents into 24 additional restricted stock units.
- F4. 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 August 1, 2025, August 1, 2026 and August 1, 2027, respectively.
- F5. Excludes reinvestment of dividend equivalents during the vesting period.
Key Figures
RSUs Exercised: 401.0000 units
Common Shares Acquired via RSU Conversion: 401.0000 shares
Shares Delivered for Exercise Price or Tax Liability: 175.0000 shares
+3 more
6 metrics
RSUs Exercised
401.0000 units
Restricted Stock Units converted to common stock on August 1, 2026
Common Shares Acquired via RSU Conversion
401.0000 shares
Common stock received from one-for-one RSU conversion
Shares Delivered for Exercise Price or Tax Liability
175.0000 shares
Common stock delivered under transaction code F
Delivery Price per Share
$242.0100 per share
Price applied to 175 common shares delivered under code F
RSUs Remaining After Transaction
389.0000 units
Restricted stock units outstanding after August 1, 2026 events
Indirect 401(k) Holdings
346.7711 shares
Common stock held indirectly in a 401(k) plan
Key Terms
Restricted Stock Units, dividend equivalents, spin-off, reverse stock split, +1 more
5 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.
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 24 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 to reflect the spin-off of Solstice Advanced Materials Inc. from Honeywell"
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.
reverse stock split financial
"and the reverse stock split of Honeywell Technologies."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
2016 Stock Incentive Plan financial
"granted under the 2016 Stock Incentive Plan of Honeywell International Inc."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Honeywell (HON) CFO Michal Stepniak report in this Form 4?
Honeywell CFO Michal Stepniak reported exercising 401 restricted stock units into common stock on August 1, 2026. A portion of the resulting shares was delivered to cover the exercise price or tax liability, and updated RSU and 401(k) plan holdings were disclosed.
What RSU balance does Honeywell (HON) CFO Michal Stepniak report after the transaction?
After the August 1, 2026 conversion, Stepniak reports a remaining balance of 389 restricted stock units. This balance excludes reinvestment of dividend equivalents during the vesting period, as noted in the footnotes to the equity award.
What indirect Honeywell (HON) holdings are reported in the 401(k) plan?
Stepniak reports indirect ownership of 346.7711 Honeywell common shares held in a 401(k) plan. This entry reflects plan holdings following the reported transactions, separate from directly held common stock and outstanding restricted stock units.
Under which plan were the Honeywell (HON) restricted stock units granted and how were they adjusted?
The restricted stock units were granted under Honeywell’s 2016 Stock Incentive Plan for Honeywell International Inc. and its Affiliates. They were adjusted for two spin-offs and a reverse stock split involving Solstice Advanced Materials Inc. and Honeywell Aerospace Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
