Honeywell General Counsel Exercises Options and Sells Shares to Cover Costs

Executive Summary

On October 26, 2026, Su Ping Lu, Senior Vice President, General Counsel, and Corporate Secretary of Honeywell International Inc (NYSE: HON), executed an option exercise and subsequent partial sale of common stock. The transactions comprised the exercise of 4,033 employee stock options at an exercise price of $114.44 per share, followed by the open-market sale of 2,943 common shares at an average price of $221.1804 per share to cover the cost of exercise and related withholding taxes.

Transaction Breakdown

1. Option Exercise (Code M):

   • Derivative: 4,033 Employee Stock Options exercised.
   • Exercise Price: $114.44 per share.
   • Shares Acquired: 4,033 Common Stock shares.
   • Underlying Value: Total exercise cost amounted to $461,536.52.

2. Open-Market Disposition (Code S):

   • Shares Sold: 2,943 shares.
   • Average Price: $221.1804 per share.
   • Total Consideration: $650,933.92.
   • Purpose: Per footnote disclosure, this disposition represents a routine sale of shares to cover option exercise costs and tax withholding obligations.

3. Post-Transaction Holdings:

   • Direct Holdings: 6,631 shares (a net increase of 1,090 direct shares held relative to pre-transaction direct holdings of 5,541 shares).
   • Indirect Holdings: 617.937 shares held through the company 401(k) Plan.

Market & Significance Assessment

This transaction carries Low informational significance for investors. It represents standard equity compensation management: exercising options set to expire within a few months (February 2027 expiration date) and executing a sell-to-cover transaction to satisfy tax and exercise obligations, while retaining a net balance of the underlying shares.