ANGOVE DUNCAN 4
4 · HONEYWELL INTERNATIONAL INC · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Honeywell (HON) Director Angove Duncan Receives Phantom Award
What Happened
Angove Duncan (Director) was granted 336.582 phantom shares (a derivative award) on 2026-07-01. The grant is valued at $221.75 per share for a total economic value of approximately $74,637. This was an award/acquisition (derivative) under Honeywell’s deferred compensation arrangements, not an open‑market stock purchase.
Key Details
- Transaction date: 2026-07-01; grant price used: $221.75 per share.
- Shares/units granted: 336.582; total value ≈ $74,637.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: The grant represents phantom (deferred compensation) shares that are allocated based on the stock price at the contribution date and will be settled in cash per the Deferred Compensation Plan for Non‑Employee Directors (see footnotes F1 & F2). Settlement amounts are based on the mean of the high and low stock price on the preceding trading day and will be paid in cash according to the director’s elections.
- Filing timing: Form filed 2026-07-06 for a 2026-07-01 transaction — appears to be late (Form 4 is normally due within two business days), which may require explanation.
Context
Phantom shares are a cash‑settled form of deferred compensation that track the economic value of company stock but do not convey actual share ownership or voting rights. Such awards are routine for non‑employee directors and indicate compensation, not an outright purchase or sale of stock.
Insider Transaction Report
- Award
Deferred Compensation (Phantom Shares)
[F1][F2]2026-07-01$221.75/sh+336.582$74,637→ 9,790.338 total→ Common Stock (336.582 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.