Honeywell International (HON) director credited with 306 phantom shares
Rhea-AI Filing Summary
Honeywell International director Stephen Williamson reported an allocation of deferred compensation in the form of derivative "Deferred Compensation (Phantom Shares)" units. On 01/02/2026, he acquired 306.3081 phantom share units at a reference price of $195.88 per unit, bringing his total reported phantom share balance to 1,028.5077 units, held directly.
These phantom shares are bookkeeping units under Honeywell’s Deferred Compensation Plan for Non-Employee Directors. The number of units is determined by dividing the dollar amount of the contribution by the price per share of Honeywell common stock, based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. According to the plan terms, the phantom shares are settled in cash based on the Honeywell common stock price at settlement, rather than through delivery of actual shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 306.3081 | $195.88 | $60K |
Footnotes (2)
- F1. Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of Common Stock at settlement.
- F2. Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections by the Reporting Person as permitted under the Plan.
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