Honeywell CEO Peter J. Lau Receives Restricted Stock Award

What Happened Peter J. Lau, President/CEO of Industrial Automation at Honeywell International (HON), received a grant of 14,233 restricted stock units (RSUs) on 2026-08-03. The reported acquisition price is $0.00 because these are a derivative award (RSUs), not an open-market buy. These RSUs will convert into common stock on a one-for-one basis when they vest; the grant itself is neither a purchase nor a sale.

Key Details

• Transaction date: 2026-08-03; filing date (Form 4): 2026-08-04 (appears timely).
• Award: 14,233 RSUs at $0.00 (derivative instrument).
• Vesting: 50% vest on August 3, 2028; remaining 50% vest on August 3, 2029 (granted under Honeywell’s 2016 Stock Incentive Plan).
• Instrument converts to common stock one-for-one upon vesting.
• Shares owned after the transaction: not specified in the filing.
• No sale, purchase, 10b5-1 plan, or tax-withholding event reported in this filing.

Context RSU grants are common executive compensation that align management with shareholder interests over time; they are not an immediate cash transaction. Because these units vest in future tranches (2028 and 2029), they represent future potential share issuance rather than current changes to Lau’s cash or share holdings.