Form 4: Honeywell Director Angove Acquires Phantom Shares
Insider Transaction Report
Honeywell International Inc. Director Duncan Angove acquired 166.5185 phantom shares as deferred compensation, increasing his beneficial ownership to 8,220.4789 shares.
Summary
- Director Duncan Angove acquired 166.5185 phantom shares of Honeywell International Inc. on October 1, 2025.
- The phantom shares were acquired at a price of $210.18 per share.
- Following this acquisition, Mr. Angove beneficially owns a total of 8,220.4789 phantom shares.
- These phantom shares are part of the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on the Common Stock price at settlement.
Sentiment
Score: 6
Explanation: A director's acquisition of shares, even as deferred compensation, generally indicates confidence in the company's future, though it is not an open market purchase.
Positives
- Increased beneficial ownership by a director, which can signal confidence in the company's future.
- The acquisition is part of a deferred compensation plan, aligning director interests with long-term shareholder value.
Future Outlook
N/A
Industry Context
This filing reports a routine insider transaction related to director compensation and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders may view the director's increased beneficial ownership as a positive signal of alignment with long-term company performance.
Key Dates
| Date | Description |
|---|---|
| 10/01/2025 | Date of transaction for the acquisition of phantom shares. |
| 10/02/2025 | Date the Form 4 was signed. |
Keywords
Honeywell, HON, Duncan Angove, Insider Transaction, Form 4, Deferred Compensation, Phantom Shares, Director Compensation
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