Honeywell International (NASDAQ: HON) executive settles 1,030 RSUs
Rhea-AI Filing Summary
Honeywell International Inc. reported that officer Billal Hammoud, Pres/CEO Building Automation, settled 1030.0000 Restricted Stock Units on July 16, 2026. These units were granted under the 2016 Stock Incentive Plan, vested upon the successful completion of the spin-off of Honeywell Aerospace Inc. from Honeywell International Inc. on June 29, 2026, and were adjusted for that spin-off and a reverse stock split of Honeywell Technologies. The instrument converts to common stock of Honeywell Technologies on a one-for-one basis and includes the reinvestment of dividend equivalents into 32 additional units.
The settlement resulted in the acquisition of 1030.0000 shares of common stock, while 465.0000 shares were disposed of at $239.5800 per share to satisfy tax obligations, leaving no remaining RSUs from this grant. After these transactions, Hammoud also has 210.6251 shares of common stock held indirectly in a 401(k) plan.
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Insider Trade Summary
Net Buyer: 565 shares
Net Buy
4 txns
Insider
Hammoud Billal
Role
Pres/CEO Building Automation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F2 | 1,030 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3 | 1,030 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 465 | $239.58 | $111K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 3,383 shares (Direct);
Common Stock — 210.6251 shares (Indirect, Held in 401(k) plan)
Footnotes (3)
- F1. Reflects settlement of restricted share units granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates that vested upon the successful completion of the spin-off of Honeywell Aerospace Inc. from Honeywell International Inc. ("Honeywell Technologies") on June 29, 2026 and were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell Technologies.
- F2. Includes the reinvestment of dividend equivalents into 32 additional restricted stock units.
- F3. Instrument converts to common stock of Honeywell Technologies on a one-for-one basis.
Key Figures
RSUs settled: 1030.0000 Restricted Stock Units
Common shares acquired: 1030.0000 shares
Shares withheld for taxes: 465.0000 shares
+4 more
7 metrics
RSUs settled
1030.0000 Restricted Stock Units
Restricted stock units settled into common stock on July 16, 2026
Common shares acquired
1030.0000 shares
Common stock acquired upon RSU conversion on July 16, 2026
Shares withheld for taxes
465.0000 shares
Shares disposed of to satisfy tax obligations at vesting
Tax-withholding price
239.5800 per share
Price for the tax-withholding disposition of 465.0000 shares
Indirect 401(k) holdings
210.6251 shares
Common stock held indirectly in a 401(k) plan after transactions
Dividend equivalent RSUs
32 additional restricted stock units
Additional RSUs created via reinvestment of dividend equivalents
Spin-off effective date
June 29, 2026
Date Honeywell Aerospace Inc. spin-off completed, triggering RSU vesting
Key Terms
Restricted Stock Units, dividend equivalents, reverse stock split, spin-off, +1 more
5 terms
Restricted Stock Units financial
"Reflects settlement of restricted share units 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 32 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
"were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split"
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
"vested upon the successful completion of the spin-off of Honeywell Aerospace 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
"Common Stock Held in 401(k) plan as indirect ownership"
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 did Billal Hammoud report in his HON Form 4?
Billal Hammoud reported settling 1030.0000 Restricted Stock Units, converting them one-for-one into common stock of Honeywell Technologies. As part of the same event, 465.0000 shares were withheld at $239.5800 per share to cover tax obligations, with no RSUs left from this grant.
How many restricted stock units were settled in the HON insider transaction?
The insider transaction for HON shows settlement of 1030.0000 Restricted Stock Units. These units vested upon completion of the Honeywell Aerospace Inc. spin-off on June 29, 2026 and included 32 extra units created through reinvestment of dividend equivalents before converting into common stock.
What triggered the vesting of Billal Hammoud’s RSUs reported for HON?
The RSUs vested upon the successful completion of the spin-off of Honeywell Aerospace Inc. from Honeywell International Inc. on June 29, 2026. The units were then adjusted for the spin-off, a reverse stock split of Honeywell Technologies, and dividend equivalents reinvested into 32 additional units.