HONEYWELL INTERNATIONAL INC·4

Feb 18, 7:08 PM ET

Hammoud Billal 4

Research Summary

AI-generated summary

Updated

Honeywell (HON) CEO Billal Exercises RSUs; 315 Shares Withheld for Taxes

What Happened

  • Billal Hammoud, President & CEO of Honeywell International (HON), had restricted stock units convert to common shares on February 16, 2026. A total of 698 shares were issued on conversion/vesting. To satisfy tax withholding, 315 shares were withheld/surrendered at $241.09 per share, yielding about $75,943. The filing (Accession 0001973103-26-000002) was submitted on Feb 18, 2026.

Key Details

  • Transaction date: February 16, 2026; Form 4 filed Feb 18, 2026 (timely).
  • Conversion/vesting: 698 shares were converted/issued (derivative exercise/conversion code M).
  • Tax withholding: 315 shares surrendered/withheld at $241.09/share = $75,943 (code F).
  • A secondary line shows 698 shares tied to the derivative conversion recorded at $0 (administrative reporting of conversion).
  • Shares owned after the transaction: not specified in the supplied excerpt of the filing—see the full Form 4 for total beneficial ownership.
  • Notable footnotes: RSUs were adjusted for the Solstice Advanced Materials spin-off (Oct 30, 2025); instruments convert one-for-one to common stock; 29 dividend-equivalent RSUs were reinvested; the RSUs were granted under the 2016 Stock Incentive Plan and vest 33%/33%/34% on Feb 16 of 2026/2027/2028.

Context

  • This appears to be a routine vesting/conversion of RSUs rather than an open-market sale or purchase. The 315-share withholding is a common tax-withholding mechanism (similar to a cashless exercise) and does not necessarily indicate a change in the insider’s view of the company. For full ownership context or any additional sales/purchases, consult the complete Form 4 filing.