Kapur Vimal 4

What Happened

• Vimal Kapur, CEO of Honeywell International, converted restricted share units (RSUs) into 3,090 shares on July 16, 2026. Of those, 1,343 shares were withheld to cover tax withholding at $239.58/share, totaling $321,756. The conversion is reported as the exercise/conversion of a derivative instrument.

Key Details

• Transaction date: July 16, 2026; Form 4 filed July 20, 2026 (appears filed within the required window).
• Shares acquired via conversion/exercise: 3,090 shares (derivative exercise/conversion).
• Shares withheld for taxes (Disposition code F): 1,343 shares at $239.58 each = $321,756.
• Net shares received (after withholding): 1,747 shares (3,090 − 1,343).
• Footnotes:
  • F1 — These RSUs vested on the June 29, 2026 spin-off of Honeywell Aerospace (Honeywell Technologies) and were adjusted for the spin-off and a reverse stock split.
  • F2 — Includes reinvestment of dividend equivalents into 98 additional RSUs.
  • F3 — The instrument converts to common stock of Honeywell Technologies on a one-for-one basis.
• Filing timeliness: Filed July 20, 2026 for a July 16 transaction; filing appears timely (not marked late in the provided data).

Context

• This was a settlement/conversion of company awards (RSUs), not an open-market buy or sale driven by trading intent. The withholding of 1,343 shares to satisfy tax obligations is a routine net-share settlement (common when awards vest). The conversion relates to the recent corporate spin-off and adjustments described in the footnotes.