Honeywell International Inc. (HON) GC converts RSUs, withholds shares for taxes
Rhea-AI Filing Summary
Honeywell International Inc. executive Lu Su Ping, Senior Vice President and General Counsel, reported equity compensation activity on August 1, 2026. 382 Restricted Stock Units converted into an equal number of common shares, and 167 common shares were withheld at $242.01 per share to satisfy tax-related obligations. Following the conversion, 371 Restricted Stock Units remain outstanding, and 614.6931 common shares are held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 215 shares
Net Buy
4 txns
Insider
Lu Su Ping
Role
SrVP, General Counsel, CorpSec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4, F5 | 382 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 382 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 167 | $242.01 | $40K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 371 shares (Direct);
Common Stock — 5,541 shares (Direct);
Common Stock — 614.6931 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 23 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 Converted: 382 Restricted Stock Units
Common Shares Acquired: 382 shares
Shares Withheld for Taxes: 167 shares
+3 more
6 metrics
RSUs Converted
382 Restricted Stock Units
Converted into common stock on 2026-08-01 on a one-for-one basis
Common Shares Acquired
382 shares
Common stock received from RSU conversion on 2026-08-01
Shares Withheld for Taxes
167 shares
Common stock withheld at $242.0100 per share under transaction code F
Withholding Price
$242.0100 per share
Price used for 167 shares delivered or withheld for tax liability
RSUs Remaining
371 Restricted Stock Units
Total RSUs following the RSU conversion transaction
Indirect 401(k) Holdings
614.6931 shares
Common stock held indirectly in a 401(k) Plan after transactions
Key Terms
Restricted Stock Units, dividend equivalents, reverse stock split, spin-off, +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 23 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.
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.
spin-off financial
"adjusted to reflect the spin-off of Solstice Advanced Materials Inc."
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.
401(k) Plan financial
"Held in 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transaction did HON executive Lu Su Ping report on August 1, 2026?
Lu Su Ping reported that 382 Restricted Stock Units converted into 382 shares of Honeywell common stock. As part of this event, 167 shares were withheld at $242.01 per share to cover tax-related obligations, with additional RSUs remaining unvested.
How many Restricted Stock Units does HON’s Lu Su Ping still hold after the reported transactions?
After the August 1, 2026 transactions, Lu Su Ping holds 371 Restricted Stock Units. These RSUs were granted under Honeywell’s 2016 Stock Incentive Plan and reflect adjustments for prior spin-offs and related corporate actions described in the footnotes.
What plan governs the RSUs reported by Honeywell (HON) executive Lu Su Ping?
The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates. Footnotes note adjustments for spin-offs and a reverse stock split, and explain that the instrument converts to common stock on a one-for-one basis.
What indirect Honeywell (HON) holdings does Lu Su Ping report in the Form 4?
The Form 4 lists 614.6931 shares of Honeywell common stock held indirectly in a 401(k) Plan. These are reported as indirect ownership, separate from directly held shares acquired through the RSU conversion and related tax-withholding transaction.