ANGOVE DUNCAN 4
Research Summary
AI-generated summary
Honeywell (HON) Director Duncan Angove Receives 576 RSUs
What Happened
Duncan Angove, a director of Honeywell International Inc. (HON), was granted 576 restricted stock units (RSUs) on May 22, 2026. The grant is recorded at $0.00 per unit (no cash paid) and is a derivative award that will convert into common shares on a one-for-one basis when it vests.
Key Details
- Transaction date: 2026-05-22; Form 4 filed: 2026-05-26. (Form 4s are generally required within 2 business days of the transaction — this filing was several days after the grant date.)
- Type/code: A — Award/Grant of derivative securities (Restricted Stock Units).
- Amount: 576 RSUs granted; reported acquisition price $0.00 (no cash paid at grant).
- Vesting: RSUs vest on April 15, 2027 (granted under the 2016 Stock Plan for Non-Employee Directors).
- Conversion: Each RSU converts to one common share on a one-for-one basis upon vesting.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
This is a standard equity compensation grant to a non-employee director under Honeywell’s director plan rather than an open-market purchase or sale. Such awards are common for board compensation and do not by themselves indicate insider buying or selling intent until they vest or are sold.