Hammoud Billal 4

What Happened

• Billal Hammoud, President & CEO of Honeywell International (HON), received 802 shares on 2026-02-12 pursuant to vested Performance Stock Units (PSUs) for the 2023–2025 performance period. The award included dividend equivalents and was recorded at $0.00 per share for reporting purposes.
• To satisfy tax withholding obligations tied to the PSU settlement, 389 shares were disposed (code F) at $242.41 per share, totaling $94,297.

Key Details

• Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (appears to be one business day late relative to the typical 2-business-day filing rule).
• Award: 802 shares acquired (reported at $0.00); Withholding/disposition: 389 shares @ $242.41 = $94,297.
• Footnote: These shares resulted from PSUs for the 2023–2025 performance period; one-half of the PSUs awarded to Mr. Hammoud were settled in cash and did not result in share ownership. Dividend equivalents were included.
• Shares owned after the transaction are not specified in the provided filing.

Context

• This was not an open-market buy or sell for investment purposes but a routine settlement of performance-based equity compensation with shares withheld to cover taxes (common practice for executives). Such tax-withholding disposals (code F) do not necessarily indicate bullish or bearish views by the insider.