Honeywell Aerospace (HONAV) director receives 135 phantom compensation shares

Rhea-AI Filing Summary

Desroches Pascal reported acquisition or exercise transactions in this Form 4 filing.

Honeywell Aerospace Inc. director Pascal Desroches reported a compensation-related award of 135.1441 Deferred Compensation (Phantom Shares) tied to Honeywell Aerospace common stock. These phantom shares were allocated on June 29, 2026 using a reference price of $226.2400 per share, resulting in 135.1441 phantom shares outstanding after the transaction.

The award was made under the company’s Deferred Compensation Plan for Non-Employee Directors. The phantom shares do not represent actual stock; instead, they track the price of Honeywell Aerospace common stock and will be settled in cash in the future based on Desroches’ elections under the plan, rather than through open-market stock transactions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Desroches Pascal

Role null

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

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

Footnotes (1)

1. 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. 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

Phantom shares granted: 135.1441 phantom shares Reference stock price: $226.2400 per share Phantom shares outstanding after grant: 135.1441 phantom shares +2 more

5 metrics

Phantom shares granted 135.1441 phantom shares Deferred Compensation grant on June 29, 2026

Reference stock price $226.2400 per share Price used to allocate phantom shares on contribution date

Phantom shares outstanding after grant 135.1441 phantom shares Total Deferred Compensation (Phantom Shares) following transaction

Conversion/exercise price $0.0000 Phantom shares under deferred compensation plan

Underlying common stock equivalent 135.1441 shares Underlying Honeywell Aerospace common stock referenced by phantom shares

Key Terms

Deferred Compensation (Phantom Shares), HONA Common Stock, Deferred Compensation Plan for Non-Employee Directors, Phantom Shares

4 terms

Deferred Compensation (Phantom Shares) financial

"Deferred Compensation (Phantom Shares) are allocated based on the price of common stock"

HONA Common Stock financial

"based on the price of common stock, par value $0.01 per share ("HONA Common Stock")"

Deferred Compensation Plan for Non-Employee Directors financial

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

Phantom Shares financial

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

Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 08:28 PM Accepted by SEC EDGAR 07/01/2026 - 08:28 PM Learn about SEC filing dates

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^*

Desroches Pascal

(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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Compensation (Phantom Shares)	(1)	06/29/2026		A		135.1441		(2)	(2)	Common Stock	135.1441	$226.24	135.1441	D

Explanation of Responses:

1. 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.

2. 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 Pascal Desroches	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)

FAQ

What insider transaction did Honeywell Aerospace (HONAV) disclose for Pascal Desroches?

Honeywell Aerospace reported that director Pascal Desroches received 135.1441 Deferred Compensation (Phantom Shares). This award is a non-cash, compensation-related grant that tracks Honeywell Aerospace common stock value for future cash settlement.

How many phantom shares did Pascal Desroches acquire in the latest Honeywell Aerospace Form 4?

Pascal Desroches acquired 135.1441 phantom shares under Honeywell Aerospace’s Deferred Compensation Plan. The allocation was based on the company’s common stock price on June 29, 2026, and represents a bookkeeping entry rather than an open-market stock purchase.

At what reference price were Honeywell Aerospace phantom shares allocated to Pascal Desroches?

The phantom shares were allocated using a reference price of $226.2400 per Honeywell Aerospace common share. The number of phantom shares was calculated by dividing the deferred dollar amount by this stock price on the contribution date.

Will Pascal Desroches receive Honeywell Aerospace (HONAV) stock or cash for these phantom shares?

Desroches will receive cash, not stock, for these phantom shares. Under the Deferred Compensation Plan for Non-Employee Directors, phantom shares are settled in cash based on Honeywell Aerospace common stock’s price at the time of settlement.

Is the Pascal Desroches Form 4 transaction an open-market trade in Honeywell Aerospace stock?

No, this Form 4 does not report an open-market trade. It reflects a grant of Deferred Compensation (Phantom Shares), which are bookkeeping units tied to Honeywell Aerospace’s stock price and settled in cash under the deferred compensation plan.