Honeywell Aerospace (HONAV) director reports 21 shares and 135 phantom units
Rhea-AI Filing Summary
Denton David M reported acquisition or exercise transactions in this Form 4 filing.
Honeywell Aerospace Inc. director Denton David M reported equity-related positions connected to Honeywell’s spin-off of Honeywell Aerospace and his director compensation. Following the distribution, he holds 21 shares of HONA common stock directly. This reflects shares received through Honeywell International’s pro rata dividend that completed the previously announced spin-off of Honeywell Aerospace.
He also received a grant of 135.1441 Deferred Compensation (Phantom Shares), allocated at a reference price of $226.24 per phantom share. These phantom shares track the price of HONA common stock but are settled in cash under the Deferred Compensation Plan for Non-Employee Directors based on his prior deferral elections.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 135.144 | $226.24 | $31K |
| holding | Common Stock | -- | -- | -- |
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. 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.