ANGOVE DUNCAN 4
4 · HONEYWELL INTERNATIONAL INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Honeywell (HON) Director Duncan Angove Receives Phantom Share Award
What Happened
Duncan Angove, a director of Honeywell International Inc. (HON), was granted 153.373 phantom shares (derivative award) on April 1, 2026. The award is recorded at an implied price of $228.20 per share for a total value of $35,000. This was an award/acquisition under the company’s deferred compensation arrangements, not an open‑market purchase of stock.
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-02 (timely filing).
- Reported amount: 153.373 phantom shares valued at $228.20 each, total $35,000.
- Transaction type/code: A — award/grant (derivative interest).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: Phantom shares are allocated by dividing the dollar contribution by the common stock price (mean of high and low on the prior trading day) and are settled in cash based on the stock price at settlement.
- F2: Phantom shares accrue under the Deferred Compensation Plan for Non‑Employee Directors and will be settled in cash according to the director’s election under the plan.
Context
Phantom shares are a form of deferred cash compensation tied to Honeywell’s stock price; they do not represent immediate stock ownership and are settled in cash when paid out. Such grants are routine for non‑employee directors and reflect compensation practices rather than an insider buying or selling stock.
Insider Transaction Report
- Award
Deferred Compensation (Phantom Shares)
[F1][F2]2026-04-01$228.20/sh+153.373$35,000→ 9,460.875 total→ Common Stock (153.373 underlying)
Footnotes (2)
- [F1]Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of Common Stock at settlement.
- [F2]Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections by the Reporting Person as permitted under the Plan.