Arlak Karen Elizabeth 4
4 · Honeywell Aerospace Inc. · Filed Jul 20, 2026
Research Summary
AI-generated summary of this filing
Honeywell Aerospace (HONA) SVP Karen Arlak Exercises Stock Awards
What Happened
Arlak Karen Elizabeth, SVP and Chief Human Resources Officer of Honeywell Aerospace (HONA), had 1,756.533 performance-based equity units convert into common shares on July 16, 2026. To satisfy tax withholding, 471 of those shares were surrendered to the company at $208.37 per share (total withholding value reported as $98,142). The remaining converted shares were issued to the reporting person (1,756.533 converted − 471 withheld = 1,285.533 net shares retained).
Key Details
- Transaction date: July 16, 2026 (Form 4 filed July 20, 2026 — within the typical 2-business-day window).
- Actions reported: conversion/exercise of derivative awards (code M) and tax withholding via share surrender (code F).
- Quantities/prices: 1,756.533 shares converted; 471 shares surrendered for taxes at $208.37 each (withholding = $98,142). Exercise/conversion recorded at $0.00 (no cash exercise price).
- Shares owned after transaction: not specified in the filing (the filing shows the conversion and withholding but does not list total holdings).
- Notable footnotes: these were performance stock units originally granted while the reporting person was employed by Honeywell International, vested on the spin-off of Honeywell Aerospace on June 29, 2026, were adjusted for the spin-off and a reverse stock split (F1); the instrument converts one-for-one to common stock (F2); the reported total includes 46.533 dividend-equivalent RSUs reinvested (F4); some performance units remain subject to vesting through June 29, 2027 (F5).
Context
- This was not an open-market sale or purchase — it was the settlement/conversion of performance awards, with shares withheld to cover taxes (a routine internal transaction).
- The conversion was treated as a derivative-to-stock settlement rather than a cash exercise; apart from the withheld shares for taxes, there was no sale of shares reported.
- These sorts of award settlements reflect compensation plan mechanics (vesting and tax withholding) rather than an explicit buy/sell signal by the insider.
Insider Transaction Report
Form 4
Arlak Karen Elizabeth
SVP and CHRO
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-07-16+1,756.533→ 4,363.347 total - Tax Payment
Common Stock
2026-07-16$208.37/sh−471$98,142→ 3,892.347 total - Exercise/Conversion
Restricted Stock Units
[F2][F4][F5][F6]2026-07-16−1,756.533→ 1,663.467 total→ Common Stock (1,756.533 underlying)
Holdings
- 1,512(indirect: By 401(k))
Common Stock
[F3]
Footnotes (6)
- [F1]Reflects settlement of performance stock units that were received by the reporting person when the reporting person was employed by Honeywell International Inc. ("Honeywell") granted under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates that vested upon the successful completion of the spin-off of Issuer from Honeywell on June 29, 2026 and were adjusted to reflect the spin-off and further adjusted to reflect the reverse stock split of Honeywell.
- [F2]Instrument converts to Issuer's Common Stock on a one-for-one basis.
- [F3]Common Stock held indirectly by the reporting person in the Honeywell Aerospace 401(k) Plan.
- [F4]Includes the reinvestment of dividend equivalents into 46.5330 additional restricted stock units.
- [F5]Performance stock units that were received by the reporting person when the reporting person was employed by Honeywell the balance of which will vest on June 29, 2027. The performance stock units are governed by the 2026 Stock Incentive Plan of Honeywell Aerospace Inc. and its Affiliates.
- [F6]Excludes reinvestment of dividend equivalents during the vesting period.
Signature
/s/ Jennifer Nelson for Karen Elizabeth Arlak|2026-07-20