Form 4: Honeywell Director Grace Lieblein Reports Stock Transactions

Director Grace Lieblein of Honeywell International Inc. reports the acquisition and settlement of deferred compensation phantom shares.

Summary

• Grace Lieblein, a director at Honeywell International Inc., reported transactions involving deferred compensation phantom shares.
• On January 2, 2025, she acquired 189.9541 phantom shares at a price of $225.52 per share.
• On the same day, she settled 76.0962 phantom shares, also at $225.52 per share.
• These phantom shares are part of the Deferred Compensation Plan for Non-Employee Directors and are settled in cash based on the price of Honeywell's common stock at settlement.
• The settlement of 76.0962 shares was based on elections made by the reporting person in December 2015.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of stock transactions by a company director, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Reporting of stock transactions by directors is a standard practice across all publicly listed companies.
• The use of deferred compensation plans and phantom shares is a common method of compensation for non-employee directors in many large corporations.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of a pre-existing compensation plan.

Key Dates

Keywords

Honeywell, Director, Grace Lieblein, Deferred Compensation, Phantom Shares, Stock Transaction, SEC Form 4