Form 4: Honeywell Director Angove Reports Acquisition of Phantom Shares

Director Duncan Angove reports acquiring phantom shares of Honeywell International Inc. through a deferred compensation plan.

Summary

• On April 1, 2025, Director Duncan Angove acquired 163.9727 phantom shares of Honeywell International Inc. through a deferred compensation plan.
• These phantom shares are based on the price of Honeywell's common stock on the contribution date.
• The price per share used for the allocation was $213.45.
• Following this transaction, Angove directly owns 7,825.9267 derivative securities.
• The phantom shares will be settled in cash based on the price of Honeywell's common stock at settlement, according to elections made by Angove under the Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Future Outlook

The phantom shares will be settled in cash based on the price of Honeywell's common stock at settlement, according to elections made by Angove under the Deferred Compensation Plan for Non-Employee Directors.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom shares and deferred compensation for a director.

Key Dates

Keywords

Form 4, Honeywell, Director, Angove, Phantom Shares, Deferred Compensation, Beneficial Ownership, Securities