Mailloux Robert D. 4
Research Summary
AI-generated summary
Honeywell (HON) VP & Controller Robert Mailloux Exercises RSUs, Sells Shares
What Happened
- Robert D. Mailloux, Vice President & Controller of Honeywell International (HON), had 1,504 restricted stock units (RSUs vest) convert to common stock on February 10, 2026. Of those, 456 shares were surrendered/withheld to cover tax withholding at $242.02 per share, totaling $110,361. The filing also records the RSU conversion/exercise entries associated with the vesting.
Key Details
- Transaction date: February 10, 2026; Form filed February 12, 2026 (no late filing indicated in this record).
- Transactions reported: conversion/exercise of 1,504 derivative RSUs (code M) and tax withholding via 456 shares disposed (code F) at $242.02/share = $110,361.
- Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
- Footnotes of note:
- Converted one-for-one to common stock (F1).
- RSUs were adjusted for the Solstice Advanced Materials spin-off (Oct 30, 2025) (F2).
- Dividend equivalents were reinvested into 93 additional RSUs (F3).
- RSUs were granted under Honeywell’s 2016 Stock Incentive Plan and vested on Feb 10, 2026 (F4).
- Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares used to satisfy tax withholding.
Context
- This was a vesting/conversion of RSUs, not an open-market purchase. The withholding of 456 shares is a routine cashless tax-withholding mechanism (company retains shares to cover taxes) rather than a discretionary sale signal. The filing shows no separate market sale of shares beyond the tax withholding.