LAMACH MICHAEL W 4
Research Summary
AI-generated summary
Honeywell (HON) Director Michael W. Lamach Receives RSU Award
What Happened
Michael W. Lamach, a director of Honeywell International Inc., was granted 576 restricted stock units (RSUs) on May 22, 2026. The award was recorded at a $0.00 acquisition price (typical for equity compensation grants); each RSU converts one-for-one into common stock upon vesting. The RSUs were granted under the 2016 Stock Plan for Non-Employee Directors and vest on April 15, 2027.
Key Details
- Transaction date: May 22, 2026
- Grant: 576 RSUs (derivative award), acquisition price reported as $0.00
- Conversion: RSUs convert to common stock on a one-for-one basis (footnote F1)
- Plan / Vesting: Granted under the 2016 Stock Plan for Non-Employee Directors; vesting date April 15, 2027 (footnote F2)
- Filing: Form 4 filed May 26, 2026 (filing posted 4 days after the grant date; within the SEC reporting window given the May 25 holiday)
- Shares owned after transaction: Not specified in this filing
Context
RSU grants to non-employee directors are a common form of compensation and are typically routine rather than a direct market signal. These RSUs are derivative awards that become shares if and when they vest; no exercise or sale occurred at grant.