Desroches Pascal 4

4 · Honeywell Aerospace Inc. · Filed Jul 1, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Honeywell Aerospace Director Pascal Desroches Receives Award

What Happened

Pascal Desroches, a director of Honeywell Aerospace Inc. (HONA), received a grant of 135.144 derivative phantom shares on 2026-06-29. The award is reported at a per-share price of $226.24 for a total reported value of roughly $30,575. This was an award (grant) under a deferred compensation arrangement, not an open-market purchase or sale of actual HONA common stock.

Key Details

Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (timely within the SEC two-business-day window).
Reported terms: 135.144 shares × $226.24 = ~$30,575 (derivative grant).
Transaction code: A (award/grant — derivative instrument).
Shares owned after transaction: Not disclosed in the filing.
Footnotes (summary):
- F1: These are "Phantom Shares" allocated by dividing a dollar contribution by the HONA share price on the contribution date; phantom shares are settled in cash based on HONA stock price at settlement.
- F2: Phantom shares were granted under the Deferred Compensation Plan for Non‑Employee Directors and will be settled in cash per the director’s elections.

Context

Phantom-share awards are a form of deferred compensation: they track the value of the company’s stock but are settled in cash, so they do not transfer actual HONA shares to the recipient and do not directly change insider equity stake.
This is an administrative compensation event for a non-employee director and should be viewed as routine director pay rather than a buy or sell signal.

Form 4

Period: 2026-06-29

Director

Transactions

Award
Deferred Compensation (Phantom Shares)
[F1][F2]
2026-06-29$226.24/sh+135.144$30,575→ 135.144 total
→ Common Stock (135.144 underlying)

Footnotes (2)

[F1]Deferred Compensation (Phantom Shares) are allocated based on the price of common stock, par value $0.01 per share ("HONA Common Stock"), of Honeywell Aerospace Inc., a Delaware corporation ("HONA") on the contribution date by dividing the dollar amount of the contribution by the price per share of HONA Common Stock. HONA Common Stock prices are based on the mean of the highest and lowest sales price on the date of contribution. Phantom Shares are settled in cash based on the price of HONA 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.

Signature

/s/ Jennifer Nelson for Pascal Desroches|2026-07-01

1 file