Form 4: Honeywell Director Rose Lee Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Rose Lee reports acquisition of phantom shares in Honeywell International Inc. through a deferred compensation plan.
Summary
- Rose Lee, a director of Honeywell International Inc., filed a Form 4 indicating a transaction involving derivative securities.
- On April 1, 2025, Lee acquired 152.2595 phantom shares through a deferred compensation plan.
- These phantom shares are based on the price of Honeywell's common stock on the contribution date and will be settled in cash.
- Following the reported transaction, Lee beneficially owns 2,655.4087 shares of Honeywell common stock directly.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The phantom shares will be settled in cash based on elections made by Rose Lee 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 and ownership.
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, Honeywell, Director, Rose Lee, Phantom Shares, Deferred Compensation, Beneficial Ownership, Securities
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