Form 4: Honeywell Director Acquires Phantom Shares

Honeywell International Inc. director Deborah Flint acquired 66.6074 phantom shares through a deferred compensation plan.

Summary

• Deborah Flint, a director of Honeywell International Inc. (HON), acquired 66.6074 phantom shares.
• The transaction occurred on October 1, 2025, and was an acquisition (Code A) under a deferred compensation plan.
• These phantom shares are part of the Deferred Compensation Plan for Non-Employee Directors.
• The phantom shares were allocated based on an implied Common Stock price of $210.18 per share on the contribution date.
• Following this transaction, Deborah Flint directly beneficially owns a total of 4,785.4326 phantom shares.
• Phantom shares are settled in cash based on the price of Common Stock at settlement, according to the reporting person's elections under the plan.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. This is a routine compensation event, indicating continued director involvement and alignment of interests, but it is not a significant market-moving event for the company's operational or financial performance.

Positives

• Director Deborah Flint increased her beneficial ownership of phantom shares, aligning her interests with shareholders.

Future Outlook

NA

Industry Context

This is an individual insider transaction related to director compensation and does not provide broader industry context or trends.

Comparison to Industry Standards

• The use of phantom shares as part of a deferred compensation plan for non-employee directors is a common practice in large publicly traded companies, aligning director incentives with long-term shareholder value.

Corporate Governance

Related Party Transactions

• The acquisition of phantom shares by Director Deborah Flint under the Deferred Compensation Plan for Non-Employee Directors is a standard related-party transaction for executive compensation.

Stakeholder Impact

• Shareholders: Director's increased beneficial ownership of phantom shares aligns her interests with shareholder value, as phantom shares are settled in cash based on common stock price.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of phantom shares by a director as part of a deferred compensation plan. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction is a standard compensation event and does not indicate any material shift in the company's outlook or valuation.

Keywords

Honeywell International Inc., HON, Deborah Flint, Form 4, Insider Transaction, Phantom Shares, Deferred Compensation, Director Compensation, Equity Acquisition