Mailloux Robert D. 4

What Happened Robert D. Mailloux, Vice President & Controller of Honeywell International (HON), exercised 5,274 stock options at $171.50 per share (cost = $904,491) on Feb 6, 2026 and sold the resulting 5,274 shares in an open-market sale at $239.00 per share for $1,260,486. The Form 4 also records the corresponding disposition/conversion of the derivative instrument (the options) into shares. This was effectively a cashless exercise followed by an immediate sale.

Key Details

• Transaction date: February 6, 2026; Form 4 filed February 9, 2026 (appears timely).
• Options exercised: 5,274 shares at $171.50 → total exercise cost $904,491.
• Shares sold: 5,274 shares at $239.00 → gross sale proceeds $1,260,486.
• Implied pre-tax cash difference: ~$355,995 (sale proceeds minus exercise cost), before taxes/fees.
• Shares owned after transaction: not specified in the filing.
• Footnotes: exercise was executed under a Rule 10b5-1 plan adopted Aug 26, 2025 (F1); options were adjusted for the Oct 30, 2025 Solstice Advanced Materials spin-off (F2); options were granted under the 2016 Stock Incentive Plan and vested in installments beginning 2/14/2021 (F3).

Context This is a routine insider exercise + sale: the options were converted into shares (derivative disposition) and those shares were sold the same day. Such transactions often reflect scheduled selling (here, under a 10b5-1 plan) rather than an active bet on company prospects; they do not, by themselves, indicate new insider conviction.