Honeywell Aerospace (HONAV) SVP granted 3,420 RSUs after spin-off
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honeywell Aerospace Inc. reported that SVP and CHRO Karen Elizabeth Arlak received a grant of 3,420 restricted stock units of HONA Common Stock on June 29, 2026. These units convert into common shares on a one-for-one basis and carry a conversion price of $0.00 per unit.
The filing also lists existing equity awards originally granted by Honeywell that were adjusted or converted into Honeywell Aerospace awards in connection with the spin-off, including fully or partly vested employee stock options and restricted stock units with various vesting dates and exercise prices. No open-market purchases or sales are reported in this Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
18 transactions reported
Mixed
18 txns
Insider
Arlak Karen Elizabeth
Role
SVP and CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,420 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,420 shares (Direct, null);
Employee Stock Options (right to buy) — 3,794 shares (Direct, null);
Common Stock — 2,606.814 shares (Direct, null);
Common Stock — 0 shares (Indirect, Held in 401(k) plan)
Footnotes (1)
- On June 29, 2026, Honeywell International Inc. ("Honeywell") distributed a pro rata dividend to Honeywell shareowners of one share of common stock, par value $0.01 per share ("HONA Common Stock"), of Honeywell Aerospace Inc., a Delaware corporation ("HONA"), for every two shares of Honeywell common stock, par value $1.00 per share, held by each holder of record as of the close of business on June 15, 2026, to effect the previously announced spin-off of HONA from Honeywell. HONA Common Stock held indirectly by the reporting person in the Honeywell Aerospace 401(k) Plan will be voluntarily reported following the Honeywell Aerospace 401(k) Plan blackout period. Instrument converts to HONA Common stock on a one-for-one basis. Performance stock units that were received by the reporting person when the reporting person was employed by Honeywell, 50% of which vested upon the successful completion of the spin-off of HONA from Honeywell on June 29, 2026 and 50% of which will vest on June 29, 2027, and were converted into restricted stock units of HONA Common Stock in accordance with the Employee Matters Agreement, dated July 29, 2026 between Honeywell and HONA. Excludes reinvestment of dividend equivalents during the vesting period. Represents equity awards originally granted by Honeywell that have been adjusted or converted into equity awards of HONA in connection with the spin-off of HONA from Honeywell in accordance with the Employee Matters Agreement, dated July 29, 2026, between HONA and Honeywell. The restricted stock units will vest on July 30, 2026. The restricted stock units will vest on March 1, 2027. 33% of the restricted stock units will vest on August 1, 2026, 33% of the restricted stock units will vest on August 1, 2027 and 34% of the restricted stock units will vest on August 1, 2028. The restricted stock units will vest on March 3, 2028. 33% of the restricted stock units will vest on February 23, 2027, 33% of the restricted stock units will vest on February 23, 2028 and 34% of the restricted stock units will vest on February 23, 2029. The employee stock options are fully vested. 75% of the employee stock options are fully vested and 25% of the employee stock options will vest on February 23, 2027. 50% of the employee stock options are fully vested and 25% of the employee stock options will vest on each of March 1, 2027 and March 1, 2028, respectively. 25% of the employee stock options are fully vested and 25% of the employee stock options will vest on each of March 3, 2027, March 3, 2028 and March 3, 2029, respectively. The employee stock options will vest on February 23, 2029.
Key Figures
RSU grant: 3,420 units
Direct common stock holding: 2,606.8140 shares
Stock options tranche: 4,202 underlying shares at $233.9000
+4 more
7 metrics
RSU grant
3,420 units
Restricted stock units granted on June 29, 2026; convert one-for-one into HONA Common Stock
Direct common stock holding
2,606.8140 shares
Common Stock directly owned after reported transactions
Stock options tranche
4,202 underlying shares at $233.9000
Employee stock options on HONA Common Stock expiring February 22, 2036
Stock options tranche
3,530 underlying shares at $193.9000
Employee stock options expiring March 2, 2035
Stock options tranche
3,794 underlying shares at $108.6800
Employee stock options expiring February 27, 2027
RSU holding
1,690 units
Restricted stock units referencing HONA Common Stock, exercise price $0.0000
RSU holding
898 units
Restricted stock units referencing HONA Common Stock, exercise price $0.0000
Key Terms
pro rata dividend, spin-off, Restricted Stock Units, performance stock units, +2 more
6 terms
pro rata dividend financial
"distributed a pro rata dividend to Honeywell shareowners of one share of common stock"
spin-off financial
"to effect the previously announced spin-off of HONA from Honeywell"
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.
Restricted Stock Units financial
"Restricted Stock Units, transaction type holding, underlying security shares 898.0000"
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.
performance stock units financial
"Performance stock units that were received by the reporting person when the reporting person was employed by Honeywell"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Employee Matters Agreement financial
"converted into restricted stock units of HONA Common Stock in accordance with the Employee Matters Agreement"
401(k) Plan financial
"HONA Common Stock held indirectly by the reporting person in the Honeywell Aerospace 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.
