Masso James 4
Research Summary
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Honeywell (HON) President Masso James Receives RSUs; 620 Shares Withheld
What Happened Masso James, President/CEO of Process Automation at Honeywell International (HON), had restricted stock units (RSUs) settle on July 16, 2026, resulting in 1,879 shares being issued (conversion/exercise of derivative). To cover tax liabilities, 620 of those shares were withheld/disposed at $224.00 per share, for a withholding value of $138,880. The transactions reflect the July 14, 2026 vesting and were reported on Form 4 filed July 20, 2026.
Key Details
- Primary transactions (reported 2026-07-16; Form 4 filed 2026-07-20):
- M (exercise/conversion): 1,879 shares acquired via conversion/settlement of RSUs (instrument converts 1-for-1 to common stock).
- F (tax withholding): 620 shares withheld/disposed at $224.00 per share = $138,880.
- Shares owned after the transaction: not specified in the provided excerpt.
- Relevant footnotes:
- F1: RSUs granted under the 2016 Stock Incentive Plan vested July 14, 2026; settlement reported 7/16/26 after blackout ended post spin-off.
- F2/F5: Units were adjusted for the Honeywell Aerospace spin-off and a reverse stock split; some units have later vesting schedules.
- F3: Instrument converts to common stock on a one-for-one basis.
- F4: Dividend equivalents were reinvested into 40 additional RSUs.
- Filing timeliness: Filed July 20, 2026 — within the typical 2 business-day Form 4 deadline for a 7/16 transaction.
Context This was a routine RSU vesting and tax-withholding event (conversion of derivative instruments into common stock with shares surrendered to cover taxes), not an open-market buy or sale signaling a directional bet. The conversion and withholding are administrative outcomes of vested awards, and the filing notes adjustments tied to Honeywell’s June 29, 2026 spin-off and a reverse split.