Form 4: Honeywell Director Angove Receives Restricted Stock Units

Director Duncan Angove acquired 580 Restricted Stock Units (RSUs) of Honeywell International Inc. on May 20, 2025, under the 2016 Stock Plan for Non-Employee Directors.

Summary

• On May 20, 2025, Duncan Angove, a director of Honeywell International Inc., acquired 580 Restricted Stock Units (RSUs).
• These RSUs were granted under the 2016 Stock Plan for Non-Employee Directors.
• The RSUs convert to common stock on a one-for-one basis.
• The RSUs vest on April 15, 2026.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices, aligning interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting period encourages long-term commitment from the director.

Future Outlook

Not applicable, as this is a report of a past transaction.

Industry Context

This type of equity compensation is common for directors of publicly traded companies to align their interests with shareholders.

Comparison to Industry Standards

• Granting restricted stock units to non-employee directors is a standard practice among publicly traded companies like Honeywell.
• Companies such as General Electric and Boeing also utilize similar equity compensation plans for their board members.
• The vesting schedule of approximately one year is also typical for these types of grants.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates

Keywords

Restricted Stock Units, Director, Honeywell, Angove, RSU, Stock Plan, Equity, Compensation