Honeywell (HON) Exec Billal Exercises RSUs, Sells 158 Shares for Taxes

What Happened

• Billal Hammoud, President & CEO, Building Automation at Honeywell International (HON), had 349 restricted stock units (RSUs) convert to common stock on July 28, 2026. As part of the vesting/settlement, 158 shares were withheld/surrendered to cover withholding taxes at $249.05 per share, totaling $39,350. The filing shows the derivative instrument (the RSUs) was canceled/converted into common shares on a one-for-one basis.

Key Details

• Transaction date: July 28, 2026; Form 4 filed July 30, 2026 (filed within the normal reporting window).
• Converted/issued: 349 shares from RSU conversion (instrument converts 1-for-1).
• Tax withholding/disposition: 158 shares withheld/surrendered at $249.05 each for $39,350 (code F = tax withholding).
• Derivative entry: 349 shares listed as a conversion/disposition at $0, reflecting cancellation of the derivative upon conversion.
• Footnotes: RSUs were granted under Honeywell’s 2016 Stock Incentive Plan, fully vested on July 28, 2026 (F4). Units were adjusted for prior spin-offs and a reverse stock split (F1). The grant includes reinvestment of dividend equivalents into 28 additional RSUs (F3).
• Shares owned after the transaction: Not specified in the data provided.

Context

• This was a routine RSU vesting and tax-withholding event, not an open-market investment. The withholding/surrender of shares to cover taxes is standard practice and should not be read as a directional buy/sell signal about the stock. The filing is timely and documents a conversion/settlement of derivative awards into common stock.