Form 4: Honeywell HR Chief Receives Significant Equity Grant

Honeywell's Senior Vice President and Chief HR Officer, Karen Mattimore, was granted 7,054 Restricted Stock Units and 31,044 Employee Stock Options.

Summary

• Karen Mattimore, SrVP & Chief HR Officer of Honeywell International Inc. (HON), received a grant of 7,054 Restricted Stock Units (RSUs) on February 19, 2026.
• These RSUs convert to common stock on a one-for-one basis and were granted under the 2016 Stock Incentive Plan.
• The RSUs will vest 25% annually on February 19, 2027, February 19, 2028, February 19, 2029, and February 19, 2030.
• Mattimore also received a grant of 31,044 Employee Stock Options on February 19, 2026, under the same 2016 Stock Incentive Plan.
• The exercise price for these stock options is $240.99 per share.
• The employee stock options will vest on February 19, 2030, and have an expiration date of February 18, 2036.
• Following these transactions, Mattimore beneficially owns 7,054 Restricted Stock Units and 31,044 Employee Stock Options directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine, positive development for corporate governance, as it aligns executive incentives with shareholder interests through equity ownership.

Positives

• The equity grants align the interests of a key executive with those of shareholders, incentivizing long-term company performance.
• The grants are part of a structured compensation plan (2016 Stock Incentive Plan), indicating a consistent approach to executive remuneration.

Future Outlook

The filing details future vesting schedules for the granted Restricted Stock Units and Employee Stock Options, extending through February 2030 for vesting and February 2036 for option expiration, indicating a long-term incentive structure for the executive.

Industry Context

StockSavvy.ai notes that executive equity grants are a standard component of compensation packages across industries, designed to incentivize long-term performance and align management interests with shareholder value creation, common across large industrial conglomerates like Honeywell.

Comparison to Industry Standards

• StockSavvy.ai notes that the structure of these grants, including multi-year vesting for RSUs and a 10-year term for options, is consistent with typical executive compensation practices in large-cap industrial companies such as General Electric or Raytheon Technologies, aiming to retain talent and encourage sustained performance.

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive incentives with long-term shareholder value creation.

Next Steps

• Vesting of 25% of Restricted Stock Units on February 19, 2027.
• Vesting of 25% of Restricted Stock Units on February 19, 2028.
• Vesting of 25% of Restricted Stock Units on February 19, 2029.
• Vesting of the final 25% of Restricted Stock Units and all Employee Stock Options on February 19, 2030.

Key Dates

Keywords

Honeywell, HON, SEC Form 4, Insider Transaction, Equity Grant, Restricted Stock Units, Stock Options, Executive Compensation, Karen Mattimore