Form 4: Honeywell Director Exercises Restricted Stock Units
SEC Form 4 Filing
Director D. Scott Davis exercised restricted stock units converting them to common stock on April 15, 2024.
Summary
- On April 15, 2024, D. Scott Davis, a director of Honeywell International Inc., exercised restricted stock units.
- This transaction involved the conversion of 335 restricted stock units into common stock at a price of $195.84 per share.
- The restricted stock units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc., and vested on April 15, 2024.
- Following the transaction, Davis directly owns 28,705 shares of Honeywell common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of a routine transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, transact in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine exercise of stock units by a director.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction: exercise of restricted stock units and conversion to common stock; vesting date of restricted stock units. |
| 04/17/2024 | Date of signature on the Form 4 filing. |
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