Honeywell (HON) director Marc Steinberg receives 576 RSUs vesting in 2027
Rhea-AI Filing Summary
Honeywell International Inc. director Marc Steinberg received a grant of 576 Restricted Stock Units (RSUs). These RSUs convert into Honeywell common stock on a one-for-one basis and were awarded under the company’s 2016 Stock Plan for Non-Employee Directors.
The RSUs vest on April 15, 2027, meaning Steinberg will receive 576 shares of common stock at that time if vesting conditions are met. Following this grant, he holds 576 RSUs directly, reflecting a routine, compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steinberg Marc
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 576 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 576 shares (Direct)
Footnotes (2)
- F1. Instrument converts to common stock on a one-for-one basis.
- F2. The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc. and vest on April 15, 2027.
Key Figures
RSUs granted: 576 units
Exercise price: $0.00 per unit
Underlying shares: 576 shares
+2 more
5 metrics
RSUs granted
576 units
Restricted Stock Units awarded to Marc Steinberg
Exercise price
$0.00 per unit
Grant/award acquisition with no purchase price
Underlying shares
576 shares
Common stock deliverable upon RSU vesting
Post-transaction RSU holdings
576 units
Total RSUs held directly after the grant
Vesting date
April 15, 2027
RSUs vest under 2016 Stock Plan for Non-Employee Directors
Key Terms
Restricted Stock Units, one-for-one basis, 2016 Stock Plan for Non-Employee Directors, Form 4
4 terms
Restricted Stock Units financial
"The Restricted Stock Units were granted under the 2016 Stock 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.
one-for-one basis financial
"Instrument converts to common stock on a one-for-one basis"
2016 Stock Plan for Non-Employee Directors financial
"granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Honeywell (HON) director Marc Steinberg report in this Form 4?
Marc Steinberg reported receiving a grant of 576 Restricted Stock Units. These RSUs are equity compensation that convert into Honeywell common stock on a one-for-one basis and vest on April 15, 2027, rather than an open-market stock purchase or sale.
How many Honeywell (HON) Restricted Stock Units were granted to Marc Steinberg?
Marc Steinberg was granted 576 Restricted Stock Units. Each unit represents the right to receive one share of Honeywell common stock upon vesting, giving him a potential future ownership of 576 shares if all vesting conditions are satisfied.
When do Marc Steinberg’s Honeywell (HON) RSUs from this grant vest?
The 576 Restricted Stock Units granted to Marc Steinberg vest on April 15, 2027. At vesting, subject to any applicable conditions, each unit will convert into one share of Honeywell common stock, increasing his direct equity stake in the company.
Under which plan were Marc Steinberg’s Honeywell (HON) RSUs granted?
The RSUs were granted under Honeywell’s 2016 Stock Plan for Non-Employee Directors. This plan provides equity-based compensation to outside directors, aligning their interests with shareholders by delivering part of their compensation in company stock units.
Is Marc Steinberg’s Honeywell (HON) Form 4 transaction a market buy or sell?
No, the Form 4 reflects a grant of 576 Restricted Stock Units, not a market buy or sell. It is a compensation-related award with zero purchase price, vesting into Honeywell common stock on April 15, 2027, if conditions are met.
How many Honeywell (HON) RSUs does Marc Steinberg hold after this transaction?
After this grant, Marc Steinberg holds 576 Restricted Stock Units directly. These RSUs, once vested on April 15, 2027, would deliver 576 shares of Honeywell common stock, representing his reported derivative equity position from this filing.