Honeywell (HON) Billal Hammoud, Pres/CEO Building Automation, Receives RSU Award

What Happened
Billal Hammoud, President/CEO of Honeywell's Building Automation business, was granted 14,233 restricted stock units (RSUs) on August 3, 2026. The award is recorded as an acquisition at $0.00 (derivative), meaning no cash was paid; the RSUs convert to common stock on a one‑for‑one basis upon vesting.

Key Details

• Transaction date: 2026-08-03 (reported on Form 4 filed 2026-08-04) — filing appears timely.
• Transaction type/code: Grant/Award (A).
• Amount: 14,233 RSUs granted; acquisition price reported $0.00.
• Vesting: 50% vests August 3, 2028 and 50% vests August 3, 2029 (granted under the 2016 Stock Incentive Plan).
• Conversion: Instrument converts to common stock on a one-for-one basis (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
This is an equity award (restricted stock units) — a common form of executive compensation — not an open‑market purchase or sale. RSUs typically convert to shares only after vesting and are not an immediate indicator of buying or selling activity; their ultimate value depends on Honeywell’s stock price at vesting.