Form 4: Honeywell CFO Gregory P. Lewis Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Gregory P. Lewis, Honeywell's CFO, reported the vesting and conversion of restricted stock units into common stock, along with associated tax withholding.

Summary

  • On February 12, 2025, Gregory P. Lewis, the Senior Vice President and Chief Financial Officer of Honeywell International Inc., reported transactions involving Honeywell's common stock and restricted stock units.
  • Mr. Lewis converted 1,215 restricted stock units into 1,215 shares of common stock.
  • He also disposed of 530 shares of common stock to satisfy tax obligations at a price of $205.27 per share.
  • Following these transactions, Mr. Lewis directly owns 56,429 shares of Honeywell common stock and indirectly owns 2,430.9871 shares through a 401(k) plan.
  • He also directly owns 1,156 restricted stock units.
  • The restricted stock units were granted under the 2016 Stock Incentive Plan and vest in three tranches.

Sentiment

Score: 5

Explanation: This is a neutral reporting of stock transactions by an insider, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CFO, who trade in their company's stock. It provides transparency to the market regarding insider transactions.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they represent a small fraction of the total outstanding shares.

Key Dates

DateDescription
February 12, 2023First vesting date (33%) of the Restricted Stock Units.
February 12, 2025Date of the reported transactions: conversion of restricted stock units and tax withholding.
February 12, 2025Second vesting date (33%) of the Restricted Stock Units.
February 12, 2027Final vesting date (34%) of the Restricted Stock Units.
February 14, 2025Date of signature for the Form 4 filing.

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