Form 4: Honeywell Executive Karen Mattimore Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Karen Mattimore, a Senior Vice President and Chief HR Officer at Honeywell International Inc., reported the acquisition and disposal of common stock and restricted stock units on February 10, 2025.

Summary

  • On February 10, 2025, Karen Mattimore, a Senior VP & Chief HR Officer at Honeywell International Inc., reported transactions involving Honeywell's common stock and restricted stock units.
  • Mattimore acquired 813 shares of common stock through the conversion of restricted stock units.
  • She also disposed of 380 shares of common stock at a price of $207.12.
  • Following these transactions, Mattimore directly owns 17,493 shares of common stock and indirectly owns 335.836 shares held in a 401(k) plan.
  • She also directly owns 1,585 restricted stock units, which vest in two tranches on February 10, 2026 (33%) and February 10, 2027 (34%).
  • The restricted stock units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units will vest in two tranches on February 10, 2026 and February 10, 2027, potentially leading to future stock transactions.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.

Comparison to Industry Standards

  • Executive compensation packages often include restricted stock units as a long-term incentive.
  • Vesting schedules, like the one described for Mattimore's RSUs, are typical in executive compensation plans.
  • Companies like General Electric, 3M, and United Technologies (now RTX) also utilize similar equity-based compensation strategies for their executives.

Stakeholder Impact

  • Shareholders are informed about insider transactions, which can influence investor sentiment.
  • The transactions impact the reporting person's holdings in the company.

Key Dates

DateDescription
02/10/2025Date of the reported transactions (acquisition and disposal of stock).
02/10/202633% of Restricted Stock Units vest.
02/10/202734% of Restricted Stock Units vest.
02/12/2025Date of signature on the Form 4 filing.

Keywords

Honeywell, Mattimore, Stock Transactions, Form 4, Restricted Stock Units, Common Stock, Executive Compensation

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