Form 4: Honeywell Director Robin L. Washington Reports Acquisition of Phantom Shares

Director Robin L. Washington reported the acquisition of deferred compensation (phantom shares) tied to Honeywell International Inc. common stock on October 1, 2024.

Summary

• On October 1, 2024, Robin L. Washington, a director of Honeywell International Inc., reported the acquisition of 163.7843 phantom shares.
• These phantom shares are related to deferred compensation and are based on the price of Honeywell's common stock on the contribution date.
• The price per share used for allocation was $206.07.
• Following the transaction, Washington directly owns 12,701.7461 shares of Honeywell common stock, including the phantom shares.
• The phantom shares will be settled in cash based on the price of Honeywell's common stock at settlement, according to the Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting an insider transaction related to deferred compensation.

Future Outlook

The phantom shares will be settled in cash based on elections made by the Reporting Person as permitted under the Deferred Compensation Plan for Non-Employee Directors, reflecting future cash payouts tied to Honeywell's stock performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the compensation and stock ownership of company directors, which is relevant to investors monitoring management's alignment with shareholder interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and alignment with company performance.

Key Dates