Honeywell director gets phantom share award
Seitz Michelle reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Seitz Michelle reported acquisition or exercise transactions in this Form 4 filing.
Honeywell Aerospace Inc. director Michelle Seitz reported a routine compensation-related transaction involving deferred compensation phantom shares tied to HONA Common Stock. On June 29, 2026, she received an award of 135.1441 phantom shares at a reference price of $226.24 per share.
These phantom shares are bookkeeping units under the Deferred Compensation Plan for Non-Employee Directors. Their value tracks the mean of the highest and lowest HONA Common Stock price on the contribution date and will be settled in cash in the future based on Seitz’s plan elections, rather than in actual shares. Following this grant, her reported balance in this deferred compensation instrument is 135.1441 phantom shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 135.1441 | $226.24 | $31K |
Footnotes (2)
- F1. Deferred Compensation (Phantom Shares) are allocated based on the price of common stock, par value $0.01 per share ("HONA Common Stock"), of Honeywell Aerospace Inc., a Delaware corporation ("HONA") on the contribution date by dividing the dollar amount of the contribution by the price per share of HONA Common Stock. HONA Common Stock prices are based on the mean of the highest and lowest sales price on the date of contribution. Phantom Shares are settled in cash based on the price of HONA 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.
Key Figures
Key Terms
Deferred Compensation Plan for Non-Employee Directors financial
HONA Common Stock financial
FAQ
What is the Honeywell Aerospace deferred compensation plan for non-employee directors?
AI-generated analysis. How Rhea-AI works. Not financial advice.