Form 4: Honeywell International Inc. Director Kevin Burke Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Kevin Burke reports acquisition of 637 Restricted Stock Units in Honeywell International Inc.
Summary
- On May 14, 2024, Kevin Burke, a director of Honeywell International Inc., acquired 637 Restricted Stock Units (RSUs) under the 2016 Stock Plan for Non-Employee Directors.
- These RSUs will convert to common stock on a one-for-one basis and vest on April 15, 2025.
- Following this transaction, Burke directly owns 637 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's increased stake in the company, suggesting confidence. However, it's a routine transaction.
Positives
- The acquisition of RSUs indicates confidence in the company's future performance from a director's perspective.
Future Outlook
The vesting of the Restricted Stock Units on April 15, 2025, will result in the issuance of common stock to Kevin Burke.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Kevin Burke acquired 637 Restricted Stock Units. |
| 04/15/2025 | Vesting date for the Restricted Stock Units. |
| 05/16/2024 | Date of signature for the report. |
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