Honeywell International (HON) executive exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honeywell International Inc. executive Billal Hammoud reported routine equity compensation activity involving company common stock and restricted stock units. On April 24, 2026, he exercised 471 common shares through the conversion of restricted stock units and had 213 shares withheld to cover tax obligations, a non-market disposition. After these transactions, he held 5,607 common shares directly and 418.9854 common shares indirectly in a 401(k) plan, along with 455 restricted stock units that continue to vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
471 shares exercised/converted
Mixed
4 txns
Insider
Hammoud Billal
Role
Pres/CEO Building Automation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 471 | $0.00 | -- |
| Exercise | Common Stock | 471 | $0.00 | -- |
| Tax Withholding | Common Stock | 213 | $212.26 | $45K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 455 shares (Direct, null);
Common Stock — 5,820 shares (Direct, null);
Common Stock — 418.985 shares (Indirect, Held in 401(k) plan)
Footnotes (1)
- The Restricted Stock Units held by the Reporting Person were adjusted based on an applicable adjustment factor for the Solstice Advanced Materials spin-off that occurred on October 30, 2025. Instrument converts to common stock on a one-for-one basis. Includes the reinvestment of dividend equivalents into 29 additional restricted stock units. The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates and vest 33%, 33% and 34% on each of April 24, 2025, April 24, 2026 and April 24, 2027, respectively. Excludes reinvestment of dividend equivalents during the vesting period.
Key Figures
RSUs converted: 471 shares
Shares withheld for taxes: 213 shares
Direct common shares after transactions: 5,607 shares
+3 more
6 metrics
RSUs converted
471 shares
Restricted Stock Units converted to common stock on April 24, 2026
Shares withheld for taxes
213 shares
Tax-withholding disposition at $212.2600 per share on April 24, 2026
Direct common shares after transactions
5,607 shares
Total direct Honeywell common stock holdings following transactions
Indirect 401(k) holdings
418.9854 shares
Common stock held indirectly in a 401(k) plan as of April 24, 2026
RSUs remaining
455 units
Restricted stock units remaining after conversion transaction
RSU tax-withholding price
$212.2600 per share
Value used for 213-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, dividend equivalents, 2016 Stock Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units held by the Reporting Person were adjusted based on an applicable adjustment factor..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
dividend equivalents financial
"Includes the reinvestment of dividend equivalents into 29 additional restricted stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
2016 Stock Incentive Plan financial
"The Restricted Stock Units were granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates..."
spin-off financial
"adjusted based on an applicable adjustment factor for the Solstice Advanced Materials spin-off that occurred on October 30, 2025."
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
FAQ
What did Honeywell (HON) executive Billal Hammoud report in this Form 4 filing?
He reported routine equity compensation activity. Hammoud converted 471 restricted stock units into Honeywell common stock and had 213 shares withheld to cover taxes, resulting in updated direct, indirect, and restricted stock unit holdings disclosed in the filing.
How do the restricted stock units in this Honeywell (HON) Form 4 convert to common stock?
The filing states that each restricted stock unit converts into Honeywell common stock on a one-for-one basis. The reported transaction converted 471 restricted stock units into 471 common shares, consistent with that stated conversion ratio and standard equity award mechanics.
What vesting schedule applies to the Honeywell (HON) restricted stock units mentioned?
The restricted stock units were granted under Honeywell’s 2016 Stock Incentive Plan. They vest in three tranches of 33%, 33%, and 34% on April 24, 2025, April 24, 2026, and April 24, 2027, respectively, subject to the plan’s terms and conditions.