Form 4: Honeywell Executive James E. Currier Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


James E. Currier, a Honeywell executive, reported the acquisition and disposal of common stock and restricted stock units on February 11, 2025.

Summary

  • On February 11, 2025, James E. Currier, Pres & CEO, AERO Technologies at Honeywell International Inc., reported transactions involving Honeywell's common stock and restricted stock units.
  • Currier acquired 748 and 934 shares of common stock through the conversion of restricted stock units.
  • He also disposed of 314 and 404 shares of common stock to cover tax obligations at a price of $207.56.
  • Following these transactions, Currier directly owns 2,251 shares of common stock and indirectly owns 704.3404 shares through a 401k plan.
  • He also owns 879 derivative securities in the form of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among executives of publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.

Comparison to Industry Standards

  • Form 4 filings are standard practice for executives at publicly traded companies like Honeywell, similar to filings made by executives at companies like General Electric, Boeing, and Raytheon.
  • The transactions reported are typical for executives who receive stock options or restricted stock units as part of their compensation packages.
  • The disposal of shares to cover tax obligations is a common occurrence after the vesting of restricted stock units.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
  • The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates

DateDescription
02/11/2025Date of earliest transaction: Acquisition and disposal of common stock and restricted stock units.
02/13/2025Date of signature for the Form 4 filing.

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