Form 4: Honeywell Director Deborah Flint Reports Acquisition of Phantom Shares

Director Deborah Flint reported the acquisition of deferred compensation (phantom shares) tied to Honeywell's common stock.

Summary

• On July 1, 2024, Deborah Flint, a director of Honeywell International Inc., acquired deferred compensation in the form of phantom shares.
• The transaction involved the acquisition of 82.954 phantom shares at a price of $210.95 per share.
• Following the transaction, Flint directly owns 4,066.9623 phantom shares.
• These phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on the price of Honeywell's common stock at settlement.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a standard transaction related to director compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom shares will be settled in cash based on elections by the Reporting Person as permitted 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 provides transparency to shareholders regarding director compensation.

Key Dates