Phantom share award boosts Honeywell (HON) director’s deferred pay
Rhea-AI Filing Summary
ANGOVE DUNCAN reported acquisition or exercise transactions in this Form 4 filing.
HONEYWELL INTERNATIONAL INC director Duncan Angove received an award of 336.5822 deferred compensation phantom shares tied to Honeywell common stock. The award was valued using a reference price of $221.75 per share for allocation purposes.
These phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on the Honeywell common stock price at settlement, according to Angove’s elections under the plan. Following this award, his deferred compensation phantom share balance is 9,790.3380 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ANGOVE DUNCAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 336.5822 | $221.75 | $75K |
Holdings After Transaction:
Deferred Compensation (Phantom Shares) — 9,790.338 shares (Direct)
Footnotes (2)
- F1. Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of 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
Phantom shares granted: 336.5822 units
Reference price per share: $221.75 per share
Total phantom shares after award: 9,790.3380 units
+1 more
4 metrics
Phantom shares granted
336.5822 units
Deferred Compensation (Phantom Shares) award on 2026-07-01
Reference price per share
<money>$221.75</money> per share
Used to allocate deferred compensation phantom shares
Total phantom shares after award
9,790.3380 units
Deferred compensation phantom share balance following transaction
Conversion/exercise price
<money>$0.00</money>
Phantom shares under deferred compensation plan
Key Terms
Deferred Compensation (Phantom Shares), Deferred Compensation Plan for Non-Employee Directors, phantom shares, grant, award, or other acquisition
4 terms
Deferred Compensation Plan for Non-Employee Directors financial
"Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Honeywell (HON) director Duncan Angove report in this Form 4?
Director Duncan Angove reported receiving 336.5822 deferred compensation phantom shares tied to Honeywell common stock. These units are a compensation award, not an open-market purchase, and increase his deferred compensation balance to 9,790.3380 phantom share units.
Is Duncan Angove’s Honeywell Form 4 transaction a stock purchase or sale?
No, this Form 4 does not show a stock purchase or sale. It reports a grant or award acquisition (code A) of deferred compensation phantom shares, which are cash-settled units linked to Honeywell’s common stock price rather than traded shares.