Form 4: Honeywell Executive Kenneth J. West Reports Stock Transactions
SEC Form 4 Filing
Kenneth J. West, President and CEO of ESS at Honeywell International Inc., reports the vesting and conversion of restricted stock units into common stock, along with related tax withholding.
Summary
- On July 30, 2024, Kenneth J. West, President and CEO of ESS at Honeywell International Inc., reported transactions involving Honeywell's common stock.
- West converted 710 restricted stock units into common stock.
- He also disposed of 331 shares of common stock to cover tax obligations at a price of $202.71 per share.
- Following these transactions, West directly owns 667 shares of common stock and indirectly owns 507.1573 shares through a 401k plan.
- He also directly owns 676 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It's a routine regulatory filing.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity but doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| July 30, 2022 | First vesting date (33%) of the Restricted Stock Units granted under the 2016 Stock Incentive Plan. |
| July 30, 2024 | Date of the reported transactions: conversion of restricted stock units and tax withholding. |
| July 30, 2024 | Second vesting date (33%) of the Restricted Stock Units granted under the 2016 Stock Incentive Plan. |
| July 28, 2026 | Final vesting date (34%) of the Restricted Stock Units granted under the 2016 Stock Incentive Plan. |
| August 01, 2024 | Date of signature on the Form 4 filing. |
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