Honeywell Aerospace Director Arnold Craig Receives 980-Share Award

What Happened
Arnold Craig, a director of Honeywell Aerospace Inc. (HONA), received an award of 980 derivative shares on August 3, 2026. The grant was reported at $0.00 per share (a restricted stock unit/award), so no cash was exchanged. This was an equity award (not an open-market purchase or sale) and is therefore a routine compensation grant rather than a direct buy or sell signal.

Key Details

• Transaction date: August 3, 2026; Form 4 filed August 7, 2026. The filing reports the grant but does not indicate a late-filing code.
• Instrument/price: 980 RSUs (derivative award) at $0.00 per share; reported value $0 on a cash basis (market value not reported in the filing).
• Shares owned after transaction: not disclosed in the provided filing.
• Vesting/conversion (per filing footnotes):
  • Footnote 1: Instrument converts to the issuer’s common stock on a one-for-one basis.
  • Footnote 2: A three-step vesting schedule is referenced: 33% on Aug 3, 2027; 33% on Aug 3, 2028; 34% on Aug 3, 2029.
  • Footnote 3: Another referenced vesting date is April 15, 2027 (the filing lists both schedules in its footnotes).
  • Footnote 4: The awards were adjusted/converted from awards originally granted by Honeywell International Inc. in connection with the company spin-off.

Context
This was an equity compensation grant (restricted stock units) for a director, which is common practice for board compensation. RSUs are derivative awards that typically convert into common shares upon vesting; they do not reflect an immediate purchase or sale of stock. The filing notes that some awards were converted from pre-spin grants by Honeywell International, consistent with the issuer’s spin-off employee arrangements.