Does the Honeywell Aerospace (HONAV) director’s Phantom Share grant pay in stock or cash?

The Phantom Shares are settled in cash, not stock. Their value is based on Honeywell Aerospace’s share price at settlement, according to the Deferred Compensation Plan for Non-Employee Directors and the director’s permitted payout elections under the plan.

Honeywell Aerospace (HONAV) director reports spin-off shares and new phantom grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Roper William Bruce Jr. reported acquisition or exercise transactions in this Form 4 filing.

Honeywell Aerospace Inc. director William Bruce Roper Jr. reported his position following the spin-off from Honeywell and a new deferred compensation grant. On June 29, 2026, Honeywell distributed a pro rata dividend of one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held as of June 15, 2026, to complete the spin-off.

Following this distribution, Roper is shown holding 12 shares of Honeywell Aerospace common stock directly. He also received 135.1441 Deferred Compensation Phantom Shares, allocated using a Honeywell Aerospace stock price of $226.2400 per share. These Phantom Shares track the Honeywell Aerospace stock price but are settled in cash under the Deferred Compensation Plan for Non-Employee Directors.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Roper William Bruce Jr.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Compensation (Phantom Shares)	135.144	$226.24	$31K
holding	Common Stock	--	--	--

Holdings After Transaction: Deferred Compensation (Phantom Shares) — 135.144 shares (Direct, null); Common Stock — 12 shares (Direct, null)

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. Deferred Compensation (Phantom Shares) are allocated based on the price of HONA Common Stock 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. 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

Spin-off distribution ratio: 1 HONA share per 2 Honeywell shares Common stock held: 12 shares Phantom Shares granted: 135.1441 units +3 more

6 metrics

Spin-off distribution ratio 1 HONA share per 2 Honeywell shares Pro rata dividend to Honeywell shareowners as of June 15, 2026

Common stock held 12 shares Honeywell Aerospace common stock held directly after June 29, 2026

Phantom Shares granted 135.1441 units Deferred Compensation Phantom Shares allocated on June 29, 2026

Allocation stock price $226.2400 per share Honeywell Aerospace stock price used to allocate Phantom Shares

Record date for spin-off June 15, 2026 Shareowners of record eligible for pro rata HONA dividend

Distribution date June 29, 2026 Date Honeywell distributed Honeywell Aerospace shares

Key Terms

pro rata dividend, spin-off, Deferred Compensation (Phantom Shares), Deferred Compensation Plan for Non-Employee Directors, +1 more

5 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.

Deferred Compensation (Phantom Shares) financial

"Deferred Compensation (Phantom Shares) are allocated based on the price of HONA Common Stock"

Deferred Compensation Plan for Non-Employee Directors financial

"Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors"

settled in cash financial

"Phantom Shares are settled in cash based on the price of HONA Common Stock at settlement"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 08:31 PM Accepted by SEC EDGAR 07/01/2026 - 08:30 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Roper William Bruce Jr.

(Last)

(First)

(Middle)

C/O HONEYWELL AEROSPACE INC.

1944 E SKY HARBOR CIRCLE N

(Street)

PHOENIX

ARIZONA

85034

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Honeywell Aerospace Inc. [ HONA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								12⁽¹⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Compensation (Phantom Shares)	⁽²⁾	06/29/2026		A		135.1441		⁽³⁾	⁽³⁾	Common Stock	135.1441	$226.24	135.1441	D

Explanation of Responses:

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.

2. Deferred Compensation (Phantom Shares) are allocated based on the price of HONA Common Stock 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.

3. 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.

Remarks:

	/s/ Jennifer Nelson for William Bruce Roper Jr.	07/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Honeywell Aerospace (HONAV) report for William Bruce Roper Jr.?

The filing shows William Bruce Roper Jr., a director, holding 12 shares of Honeywell Aerospace common stock and receiving 135.1441 Deferred Compensation Phantom Shares tied to the company’s stock price, all recorded as of June 29, 2026.

How was the Honeywell Aerospace (HONAV) spin-off from Honeywell structured?

Honeywell completed the Honeywell Aerospace spin-off by distributing a pro rata dividend of one Honeywell Aerospace common share for every two Honeywell common shares held by shareowners of record at the close of business on June 15, 2026.

What are Deferred Compensation Phantom Shares in the Honeywell Aerospace (HONAV) Form 4?

Deferred Compensation Phantom Shares are bookkeeping units based on Honeywell Aerospace’s share price. They are allocated by dividing the contribution amount by the stock price and are settled in cash later, under the Deferred Compensation Plan for Non-Employee Directors.

At what price were Honeywell Aerospace (HONAV) Phantom Shares allocated to the director?

The 135.1441 Deferred Compensation Phantom Shares were allocated using a Honeywell Aerospace common stock price of $226.2400 per share, based on the mean of the highest and lowest sales prices on the contribution date, June 29, 2026.