Honeywell International Inc. (HON) exec exercises RSUs, shares withheld
Rhea-AI Filing Summary
Honeywell International Inc. executive Billal Hammoud, President and CEO of Building Automation, converted 349 restricted stock units into an equal number of common shares on July 28, 2026 under the 2016 Stock Incentive Plan, including 28 units from reinvested dividend equivalents. All units from this grant were fully vested on that date and the RSU balance from this award went to zero. To cover tax obligations, 158 common shares were withheld at $249.05 per share. The filing also reports 210.114 shares of common stock held indirectly in a 401(k) plan. The RSU award had previously been adjusted for Solstice Advanced Materials and Honeywell Aerospace spin-offs and a reverse stock split. The transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 191 shares
Net Buy
4 txns
Insider
Hammoud Billal
Role
Pres/CEO Building Automation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 349 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 349 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 158 | $249.05 | $39K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 3,574 shares (Direct);
Common Stock — 210.114 shares (Indirect, Held in 401(k) plan)
Footnotes (4)
- 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 28 additional restricted stock units.
- F4. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates with all units fully vested on July 28, 2026.
Key Figures
RSUs Converted: 349.0000 units
Common Shares Acquired: 349.0000 shares
Shares Withheld for Taxes: 158.0000 shares
+3 more
6 metrics
RSUs Converted
349.0000 units
Restricted Stock Units converted to common stock on July 28, 2026
Common Shares Acquired
349.0000 shares
Common stock received from RSU conversion on a one-for-one basis
Shares Withheld for Taxes
158.0000 shares
Common shares withheld to satisfy tax obligations on July 28, 2026
Tax Withholding Price
$249.0500 per share
Price used for shares withheld for tax liability
401(k) Indirect Holding
210.1140 shares
Common shares held indirectly in a 401(k) plan after reported transactions
Dividend Equivalent RSUs
28 units
Additional restricted stock units from reinvested dividend equivalents included in award
Key Terms
Restricted Stock Units, exercise or conversion of derivative security, reverse stock split, dividend equivalents, +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.
exercise or conversion of derivative security financial
"transaction code "M" described as Exercise or conversion of derivative security"
reverse stock split financial
"further adjusted to reflect the spin-off ... 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.
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 28 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.
401(k) plan financial
"total_shares_following_transaction 210.1140, nature_of_ownership 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 transactions did Billal Hammoud report in this Form 4 for HON?
Billal Hammoud reported converting 349 restricted stock units into common stock and withholding 158 shares to satisfy tax obligations, plus an updated 210.114-share indirect holding in a 401(k) plan, all dated July 28, 2026.
How many Honeywell (HON) RSUs did Billal Hammoud convert and at what ratio?
He converted 349 restricted stock units into 349 shares of Honeywell common stock. A footnote states the instrument converts to common stock on a one-for-one basis under the 2016 Stock Incentive Plan.
Were Billal Hammoud’s HON transactions made under a Rule 10b5-1 plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a pre-arranged trading plan, so the transactions are reported as not pursuant to Rule 10b5-1.
How were Hammoud’s Honeywell RSUs affected by recent corporate actions?
A footnote explains the RSUs were adjusted for the spin-off of Solstice Advanced Materials Inc., the spin-off of Honeywell Aerospace Inc., and a reverse stock split of Honeywell Technologies, while remaining under the 2016 Stock Incentive Plan.