Form 4: Honeywell Executive James E. Currier Reports Stock Transactions
SEC Form 4 Filing
James E. Currier, Pres & CEO of AERO Technologies at Honeywell, reports the vesting and conversion of restricted stock units into common stock, along with tax withholding.
Summary
- On July 30, 2024, James E. Currier, Pres & CEO, AERO Technologies, exercised restricted stock units, converting them into 710 shares of Honeywell common stock.
- Simultaneously, 288 shares were disposed of to cover tax obligations at a price of $202.71 per share.
- Following these transactions, Currier directly owns 1,275 shares of common stock and indirectly owns 608.7436 shares through a 401k plan.
- He also holds 676 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 07/30/2022 | Initial vesting date of 33% of the Restricted Stock Units. |
| 07/30/2024 | Transaction date: conversion of restricted stock units and tax withholding. |
| 07/30/2024 | Second vesting date of 33% of the Restricted Stock Units. |
| 07/30/2026 | Final vesting date of 34% of the Restricted Stock Units. |
| 08/01/2024 | Date of signature for the Form 4 filing. |
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