Kapur Vimal 4

What Happened

• Vimal Kapur, CEO of Honeywell International Inc., was granted a series of derivative equity awards on June 29, 2026. The Form 4 reports five grant lines totaling 65,881 derivative shares: 16,933; 2,992; 2,992; 21,482; and 21,482. Each grant is reported at $0.00 per share (award/grant, transaction code A) — these are awards/units, not cash purchases or sales.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (timely filing).
• Reported price/value: $0.00 per share (award/grant).
• Total awarded (derivative units): 65,881.
• Instruments: PSUs, restricted stock units (RSUs) and employee stock options were involved and were adjusted in connection with the spin-off of Honeywell Aerospace Inc. (HONA) and a reverse stock split.
• Vesting/treatment notes from the filing:
  • Some PSUs vested upon the HONA spin-off (6/29/2026) and were converted/adjusted.
  • Some RSUs vest on Feb 16, 2027.
  • Other PSUs/options vest on June 29, 2027 (first anniversary of the spin-off); some options were reported as fully vested.
  • Instruments convert to Honeywell common stock on a one-for-one basis when applicable.
• Shares owned after the transaction: not specified in the provided filing.
• No sales, open-market buys, or tax-withholding dispositions were reported in this filing.

Context

• These entries are award/grant events tied to ongoing compensation programs and the corporate action (HONA spin-off and reverse split). They represent derivative equity that may convert into common shares per the terms and vesting schedules noted — no cash changed hands at grant.
• Awards and post-spin-off adjustments are common in executive compensation; they are not the same as a purchase (which some investors view as a stronger bullish signal) nor a sale (which can signal liquidity or diversification).