LAU PETER JAMES 4
Research Summary
AI-generated summary
Honeywell (HON) Peter Lau Receives RSUs and Stock Options
What Happened
- Peter James Lau, President & CEO of Honeywell's Industrial Automation business, received equity awards on Feb 19, 2026: 17,804 restricted stock units (RSUs) and 4,045 employee stock options. Both awards were recorded at $0.00 (standard for grants) and are derivative instruments that convert to common stock on a one-for-one basis.
- This was a grant/award (code A) — not an open-market purchase or sale — and is part of executive compensation rather than a market trade.
Key Details
- Transaction date: February 19, 2026; Filing date: February 23, 2026 (filed within the normal reporting window).
- Award amounts: 17,804 RSUs and 4,045 stock options (total 21,849 share-equivalents); grant price reported $0.00.
- Vesting: RSUs vest 25% on each Feb 19 of 2027, 2028, 2029 and 2030. Options vest on Feb 19, 2030.
- Conversion: Instruments convert to common stock on a one-for-one basis.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Transaction type: A = Award/Grant (derivative securities).
Context
- RSU grants and stock options are routine components of executive pay and are typically intended to retain executives and align incentives with shareholders; they do not represent an immediate purchase or sale of shares.
- The options have a future vesting date (2030); there was no cashless exercise or immediate sale reported in this filing.