Form 4: Honeywell Director D. Scott Davis Acquires Phantom Shares

Honeywell International Inc. Director D. Scott Davis acquired 306.3081 phantom shares through a deferred compensation plan, increasing his beneficial ownership to 24,582.8862 phantom shares.

Summary

• D. Scott Davis, a Director of Honeywell International Inc. (HON), acquired 306.3081 Deferred Compensation (Phantom Shares) on January 2, 2026.
• The acquisition was made at a price of $195.88 per phantom share, based on the common stock price.
• Following this transaction, D. Scott Davis beneficially owns a total of 24,582.8862 Deferred Compensation (Phantom Shares).
• Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and are settled in cash based on the common stock price at settlement.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to a director increasing their beneficial ownership, even if through a compensation plan, which can be interpreted as a sign of confidence. However, it's a routine transaction, so the impact is limited.

Positives

• A Director's acquisition of additional phantom shares, even as part of a compensation plan, can signal continued alignment with shareholder interests and confidence in the company's future performance.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• D. Scott Davis authorized Jay Shah and Richard Kent to execute and file all Forms 3, 4, and 5 on his behalf, confirming their authority will continue until he is no longer required to file such forms, unless earlier revoked in writing.

Industry Context

This is a routine insider transaction related to director compensation and does not directly reflect broader industry trends or competitive dynamics. It is a standard disclosure for publicly traded companies regarding changes in beneficial ownership by insiders.

Corporate Governance

Stakeholder Impact

• Shareholders: The transaction is a routine part of director compensation and is unlikely to have a significant direct impact on shareholders. It reflects a director's ongoing participation in the company's equity-based compensation structure.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Honeywell International Inc., HON, D. Scott Davis, Director, Insider Transaction, Form 4, Phantom Shares, Deferred Compensation, Equity Acquisition, Rule 10b5-1(c)