Form 4: Honeywell Executive Karen Mattimore Reports Stock Option Exercise and Share Disposals

Sentiment:

SEC Form 4 Filing


Karen Mattimore, a Senior Vice President and Chief HR Officer at Honeywell, reported exercising stock options and disposing of shares on November 5, 2024.

Summary

  • On November 5, 2024, Karen Mattimore, SrVP & Chief HR Officer of Honeywell International Inc., executed transactions involving Honeywell's common stock.
  • Mattimore exercised employee stock options to acquire 12,532 shares at a price of $119.69.
  • Simultaneously, 12,532 shares were disposed of to cover the exercise cost at $211.48.
  • Following these transactions, Mattimore directly owns 17,015 shares of Honeywell common stock.
  • She also indirectly owns 227.457 shares held in a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine executive stock transaction.

Key Dates

DateDescription
02/28/2018First vesting date of the employee stock options granted under the 2016 Stock Incentive Plan.
10/01/2018Garrett Motion Inc. spin-off from Honeywell.
10/29/2018Resideo Technologies, Inc. spin-off from Honeywell.
02/27/2027Expiration date of the employee stock options.
11/05/2024Date of the reported transaction: exercise of stock options and disposal of shares.
11/07/2024Date of the signature on the Form 4 filing.

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