Honeywell (HONA) CEO James Currier Exercises RSUs; 345 Shares Withheld

What Happened

• James E. Currier, President & CEO of Honeywell Aerospace (HONA), had 842.55 restricted stock units (RSUs) vest on July 30, 2026 and those RSUs converted to common stock (reported as derivative exercises). The RSUs converted at $0 exercise price. To satisfy tax withholding, 345 shares were surrendered/withheld at $204.32 per share (≈ $70,490). Net shares delivered to Currier were approximately 497.55 shares (842.55 gross − 345 withheld).
• The reported 842.55 total includes 96.5498 additional RSUs credited from reinvested dividend equivalents. The instrument converts to common stock on a one-for-one basis and the RSUs vested on July 30, 2026.

Key Details

• Transaction date: July 30, 2026 (Form 4 filed Aug 3, 2026 — filing appears timely).
• Entries reported: M (exercise/conversion of derivative) for 842.55 shares at $0; F (tax withholding) for 345 shares at $204.32 ($70,490).
• Net shares received: ~497.55 shares (not including other holdings). Total shares owned after the transaction are not stated in the provided excerpt.
• Footnotes: F1 — includes reinvestment of dividend equivalents into 96.5498 additional RSUs; F2 — converts one-for-one to common stock; F3 — RSUs vested on July 30, 2026.
• Transaction type: routine vesting with net settlement (shares withheld for taxes), not an open-market purchase or sale by the insider.

Context

• This was a vesting/conversion of equity award (RSUs) rather than a market buy or sell. Withholding shares to cover taxes is a common net settlement and does not by itself indicate a bullish or bearish signal.
• Because the conversion was at $0 and a portion of shares were withheld for tax, this is best read as routine executive compensation being settled, not as an active investment decision.