Evanko Jillian C. 4

What Happened

• Jillian C. Evanko, a Honeywell International (HON) non‑employee director, was granted equity awards on 2026-06-01. The filing reports (1) 149.7 restricted stock units (RSUs) or equivalent derivative units valued at $234.99 each (total ~$35,178) and (2) 540 phantom shares granted with no immediate dollar value reported ($0 in the filing). These transactions are coded as awards/acquisitions (A) rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely filing).
• Grants reported:
  • 149.7 units @ $234.99 each = $35,178 (derivative/RSU-type award).
  • 540 phantom shares @ $0.00 = $0 reported at grant.
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes from the filing:
  • F1/F2: The 540 units are Phantom Shares under the Deferred Compensation Plan for Non‑Employee Directors; phantom shares are allocated based on the stock price at contribution and will be settled in cash per elections under the Plan.
  • F4: The restricted stock units were granted under the 2016 Stock Plan for Non‑Employee Directors and vest on April 15, 2027.
  • F3: Some instruments convert to common stock on a one‑for‑one basis (as noted in the filing).
• Filing timeliness: appears timely (filed two days after the report date).

Context

• These awards are compensation grants for a non‑employee director (common practice for board pay). The RSUs vest in the future (4/15/2027); phantom shares are a deferred‑compensation mechanism that will be settled in cash based on future stock price, so they do not represent currently tradable shares.
• This is an award/accrual, not a market purchase or sale, and therefore should be viewed as routine director compensation rather than a direct signal of buying or selling intent.