Form 4: Honeywell Director Deborah Flint Reports Acquisition of Deferred Compensation (Phantom Shares)

Director Deborah Flint reports acquiring deferred compensation (phantom shares) based on the price of Honeywell common stock on the contribution date.

Summary

• On October 1, 2024, Deborah Flint, a director of Honeywell International Inc., acquired deferred compensation in the form of phantom shares.
• The acquisition was made under the Deferred Compensation Plan for Non-Employee Directors.
• A total of 84.9188 phantom shares were acquired at a price of $206.07 per share.
• Following the transaction, Flint directly owns 4,174.0086 derivative securities.
• These phantom shares will be settled in cash based on the price of Honeywell common stock at the time of settlement, according to elections made by Flint under the plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The acquisition of phantom shares aligns the director's interests with the company's performance.
• The Deferred Compensation Plan allows for flexible settlement options for the director.

Future Outlook

The phantom shares will be settled in cash based on the price of Honeywell common stock at the time of settlement, according to elections made by Flint under the plan.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among publicly traded companies. It provides transparency into the compensation and holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily concerns the director's compensation.

Key Dates