4Filed Aug 3, 8:00 PM ET
Honeywell Aerospace (HONA) CEO James Currier Exercises Options, Sells 650 Shares
$HONA · Honeywell Aerospace Inc.Research Summary
AI-generated summary of this SEC filing
Honeywell Aerospace (HONA) CEO James Currier Exercises Options, Sells 650 Shares
What Happened
- James E. Currier, President & CEO and a director of Honeywell Aerospace (HONA), had 1,551.335 derivative units convert to common stock (exercise/conversion at $0.00) on August 1, 2026. To satisfy tax obligations, 650 of those shares were disposed (withheld/sold) on August 3, 2026 at $208.27 per share for proceeds of $135,376.
- Footnotes indicate the instrument converts one-for-one into common stock and that dividend equivalents were reinvested into an additional 96.3354 restricted stock units. The issuance reflects a vesting event (49% vested Aug 1, 2026; remaining 51% vests Aug 1, 2027).
Key Details
- Transaction dates/prices: Aug 1, 2026 — 1,551.335 shares converted/exercised at $0.00; Aug 3, 2026 — 650 shares disposed at $208.27 each (total $135,376).
- Shares owned after transaction: not reported in the supplied filing.
- Footnotes: F1 = reinvestment of dividend equivalents into 96.3354 RSUs; F2 = one-for-one conversion to common stock; F3 = 49% vested Aug 1, 2026, 51% vests Aug 1, 2027; F4 = excludes dividend reinvestment during vesting.
- Filing: Form 4 filed Aug 4, 2026 (no late-filing flag shown in the provided data).
Context
- This appears to be a routine vesting/conversion of restricted-equity units (derivative conversion) with a portion of shares surrendered/sold to cover tax withholding—common practice for executives and not necessarily a directional market signal.
- The exercise/conversion at $0.00 and the one-for-one conversion note indicate these were stock-settled awards (RSUs or similar), not a cash purchase of stock.