Honeywell Aerospace (HONA) CFO Joshua Jepsen Receives 125,461-Share Awards
$HONA · Honeywell Aerospace Inc.Research Summary
AI-generated summary of this SEC filing
Honeywell Aerospace (HONA) CFO Joshua Jepsen Receives 125,461-Share Awards
What Happened
Joshua A. Jepsen, Senior Vice President and Chief Financial Officer of Honeywell Aerospace (HONA), received a package of derivative awards on August 3, 2026. The Form 4 shows five grants/acquisitions totaling 125,461 shares: 7,344; 25,329; 10,772; 57,654; and 24,362 shares, each recorded at $0.00 (no cash paid). These are derivative awards (not open-market purchases or sales); the filing indicates they are a mix of instruments that convert to common stock, restricted stock units, and stock options per the filing footnotes. No dollar value or immediate sell was reported — the monetary value will depend on future vesting/conversion/exercise and market price.
Key Details
- Transaction date and price: 2026-08-03; all entries show acquisition at $0.00.
- Total shares granted: 125,461 derivative shares across five awards.
- Shares owned after transaction: Not disclosed in the provided filing data.
- Footnotes (from filing):
- F1: Instrument converts to issuer’s common stock on a one-for-one basis.
- F2: Restricted stock units that vest in accordance with award terms.
- F3: Stock options that vest in accordance with award terms.
- Filing timeliness: The provided summary does not indicate a late filing flag.
Context
These awards are grants from the company (compensation/long-term incentive) rather than purchases or sales. RSUs convert to shares as they vest; options require vesting and exercise before becoming shares; convertible instruments convert 1-for-1 per the footnote. Such grants typically align executive compensation with shareholder value but do not by themselves indicate immediate buying or selling of stock.