Reilly Jennifer J 4
Research Summary
AI-generated summary
Honeywell (HON) SVP/CHRO Jennifer Reilly Receives Stock Awards
What Happened
- Jennifer J. Reilly, Senior Vice President and Chief Human Resources Officer at Honeywell, received two awards on July 1, 2026: 2,191 employee stock options and 669 restricted stock units (both reported as derivative grants at $0.00). The reported dollar value at grant is $0 on the filing (standard for awards); future value depends on Honeywell’s stock price and vesting.
Key Details
- Filing: Form 4 filed 2026-07-06 reporting transactions dated 2026-07-01 (appears to be later than the typical 2-business-day Form 4 deadline).
- Grants: 2,191 employee stock options; 669 restricted stock units (total 2,860 units).
- Price/Value: Reported acquisition price $0.00 for both instruments (awarded, not purchased).
- Vesting and conversion:
- Employee stock options (2,191): granted under the 2016 Stock Incentive Plan; all units vest on July 1, 2030 (footnote F1).
- Restricted stock units (669): granted under the 2016 Stock Incentive Plan; 25% vest on each of July 1, 2027, 2028, 2029 and 2030 (footnote F3).
- Instruments convert to common stock on a one-for-one basis (footnote F2).
- Shares owned after the transaction: not reported in the provided filing excerpt.
Context
- These awards are compensatory grants (code A) rather than open-market purchases or sales; they are common elements of executive pay and do not by themselves indicate a buy/sell market signal. Options will only create actual common shares if/when exercised and after vesting; RSUs convert to shares as they vest. Note the filing date is several days after the transaction date, which may be late relative to the standard Form 4 timing rules.