Honeywell Director Duncan Angove Acquires Phantom Shares via Deferred Compensation
HONEYWELL INTERNATIONAL INC
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Filing Summary
Honeywell International Inc ($HON) Form 4 Filing Insider: Duncan Angove (Director) Action: Acquired 163.70 phantom shares @ $213.80 ($35,000 total value) Type: Deferred Compensation Plan for Non-Employee Directors Post-Transaction Holdings: 5,088.87 phantom shares Significance: Low (Routine director deferred compensation)
Comprehensive Analysis
Executive Summary
On October 5, 2026, Honeywell International Inc ($HON) filed a Form 4 disclosing that Director Duncan Angove acquired 163.7037 phantom shares of common stock on October 1, 2026, at an allocation price of $213.80 per share, totaling approximately $35,000. Following the transaction, Angove holds 5,088.8742 phantom shares.
Transaction Analysis
- Nature of Transaction: The transaction represents an accrual under the Deferred Compensation Plan for Non-Employee Directors. Director fees are converted into phantom stock units based on Honeywell's common stock market price and will ultimately be settled in cash.
- Significance: This is a routine, automated compensation deferral rather than an open-market discretionary purchase. Consequently, it carries low informational signal regarding executive sentiment or imminent corporate developments.
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