Form 4: Honeywell Director Deborah Flint Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Deborah Flint reports acquiring phantom shares of Honeywell International Inc. through a deferred compensation plan.
Summary
- On April 1, 2025, Deborah Flint, a director of Honeywell International Inc., acquired 65.5867 phantom shares of common stock.
- These phantom shares were accrued under the Deferred Compensation Plan for Non-Employee Directors.
- The acquisition price was $213.45 per share.
- Following the transaction, Flint directly owns 4,612.3313 shares.
- The phantom shares will be settled in cash based on the price of Honeywell's common stock at settlement, as elected by Flint under the plan.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment due to alignment of interests.
Positives
- The acquisition of phantom shares indicates continued alignment of the director's interests with the company's performance.
Future Outlook
The phantom shares will be settled in cash based on the price of Honeywell's common stock at settlement, as elected by Flint under the plan.
Industry Context
Directors often receive deferred compensation in the form of phantom shares to align their interests with long-term shareholder value. This is a common practice in publicly traded companies.
Stakeholder Impact
- The acquisition of phantom shares aligns the director's interests with shareholders, potentially encouraging decisions that benefit the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of phantom shares. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Deborah Flint, Honeywell, Director, Phantom Shares, Deferred Compensation, Beneficial Ownership
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