Currier James E 4

What Happened

• James E. Currier, President and CEO of Honeywell Aerospace (HONA), had 3,253.236 shares issued on July 16, 2026 upon conversion/settlement of derivative awards (performance-based instruments). To satisfy tax withholding, 1,362 of those shares were disposed at $208.37 per share, generating about $283,800 in proceeds. The conversion itself did not generate cash proceeds.

Key Details

• Transaction date: July 16, 2026; Form 4 filed July 20, 2026 (timely report).
• Activity: Conversion/settlement of derivative awards (code M) and sale of shares to cover tax withholding (code F).
• Shares converted/issued: 3,253.236 (instrument converts one-for-one to common stock per footnote).
• Shares sold for taxes: 1,362 @ $208.37 = ~$283,800.
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes:
  • The issued shares reflect settlement of performance stock units granted while employed by Honeywell International that vested upon the June 29, 2026 spin-off and were adjusted for the spin-off and a reverse split (F1).
  • Instrument converts to common stock on a one-for-one basis (F2).
  • Dividend equivalent reinvestment added 103.2357 additional restricted stock units (F4).
  • Some performance units subject to different vesting schedules are governed by Honeywell Aerospace’s 2026 Stock Incentive Plan (F5).
• Filing timeliness: Reported within required timeframe (filed July 20 for July 16 transaction).

Context

• This transaction is primarily the settlement/conversion of vested performance awards tied to the Honeywell spin-off rather than an open-market investment decision. The sale of 1,362 shares was a typical tax-withholding transaction (i.e., shares withheld/sold to cover tax liabilities), not a general divestiture of the CEO’s remaining holding.