Watson Robin 4
Research Summary
AI-generated summary
Honeywell (HON) Director Robin Watson Exercises Options, Sells Shares
What Happened
- Robin Watson, a Honeywell (HON) director, had equity awards vest/convert on April 15, 2026. The filing shows a conversion/exercise of derivative awards resulting in 625 shares acquired at an economic value of $230.93 per share (total ≈ $144,331). To satisfy tax withholding, 188 shares were disposed/withheld (at $230.93, ≈ $43,415). A related derivative conversion line for 625 shares at $0.00 reflects the non-cash conversion of awards to common stock (see footnotes).
Key Details
- Transaction date: April 15, 2026 (filed April 16, 2026 — timely filing).
- Primary entries: 625 shares acquired via exercise/conversion at $230.93 (total ≈ $144,331); 188 shares withheld/disposed for taxes at $230.93 (≈ $43,415); an additional conversion line reports 625 shares at $0.00 (non-cash conversion).
- Footnotes: F1 — instrument converts one-for-one to common stock; F2 — includes reinvestment of dividend equivalents into 13 additional restricted stock units; F3 — RSUs were granted under the 2016 Non-Employee Director Stock Plan and vested on 4/15/2026.
- Shares owned after the transaction are not disclosed in the provided excerpt.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax withholding.
Context
- This appears to be the routine vesting/conversion of director restricted stock units (non-cash conversion) with a portion of shares withheld to cover taxes — common for equity compensation. It is not an open-market buy or sell that would necessarily indicate a change in sentiment. Purchases generally carry more interpretive weight for bullish signals; here the activity reflects compensation settlement and tax withholding.