ANGOVE DUNCAN 4

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.