Form 4: Honeywell International Inc. Executive Anne T. Madden Reports Stock Transactions
SEC Form 4
Anne T. Madden, SrVP and General Counsel of Honeywell International Inc., reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 27, 2024, Anne T. Madden, SrVP and General Counsel of Honeywell International Inc., reported transactions involving the company's common stock and restricted stock units.
- Madden acquired 1,834 shares of common stock through the conversion of restricted stock units.
- She also disposed of 816 shares of common stock at a price of $198.33 per share.
- Following these transactions, Madden directly owns 40,811 shares of common stock and indirectly owns 805.5424 shares held in a 401(k).
- The reported restricted stock units were granted under the 2016 Stock Incentive Plan and vested in three equal installments on February 27, 2020, February 27, 2022, and February 27, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| October 1, 2018 | Garrett Motion Inc. spin-off from Honeywell occurred. |
| October 29, 2018 | Resideo Technologies, Inc. spin-off from Honeywell occurred. |
| February 27, 2020 | First vesting date of restricted stock units. |
| February 27, 2022 | Second vesting date of restricted stock units. |
| February 27, 2024 | Date of reported transactions and final vesting date of restricted stock units. |
| February 28, 2024 | Date of the report. |
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