Honeywell (HON) CEO Vimal Kapur Exercises RSUs; 131 Shares Withheld

What Happened

• Vimal Kapur, CEO of Honeywell International Inc., had 300 restricted stock units (RSUs) convert/exercise into 300 common shares on July 28, 2026. The RSUs converted on a one-for-one basis and had no cash exercise price.
• To cover tax withholding, 131 of the newly issued shares were surrendered/withheld at a per-share value of $249.05, generating $32,626. Net shares delivered to Kapur were 169 (300 issued − 131 withheld). This is a vesting/net-share settlement transaction, not an open-market buy or sell.

Key Details

• Transaction date: July 28, 2026; Form 4 filed July 30, 2026 (filed within the usual 2‑business‑day window).
• Actions reported: M = exercise/conversion of derivative (300 RSUs → 300 shares, $0 exercise price); F = tax withholding (131 shares withheld at $249.05 each = $32,626).
• Net shares received by insider: 169.
• Notable footnotes: F1—RSUs were adjusted for prior spin-offs and a reverse stock split; F2—instrument converts one-for-one to common stock; F3—includes reinvestment of dividend equivalents into 24 additional RSUs; F4—these RSUs follow a 33%/33%/34% vesting schedule (2024, 2026, 2028); F5—excludes dividend-equivalent reinvestment during vesting.
• Shares owned after the transaction are not specified in the provided excerpt.

Context

• This was a routine vesting/settlement of RSUs with net-share withholding for taxes (cashless/net settlement), common for executive equity compensation. It is neither an open-market sale nor a purchase; such withholdings typically reflect tax obligations rather than a directional insider bet. Transaction codes: M = exercise/convert derivative; F = payment of tax liability via share withholding.