Honeywell Executive Sells Stock Options Immediately After Exercise, Realizing Profits in Millions
By ATTN Desk · Editorial oversight: Sean Han
On January 30, Robert Meiloux, Vice President and Controller at Honeywell International Inc. (HON), exercised two tranches of stock options, acquiring just under 10,000 common shares. Under his pre-established Rule 10b5-1 trading plan, he sold the full position on the open market at $229 per share, generating approximately $640,000 in pre-tax proceeds (roughly KRW 800 million). As of that date, Meiloux still holds about 4,000 shares outright, plus additional indirect holdings through his 401(k) account. These options were granted under Honeywell’s 2016 Stock Incentive Plan and were adjusted to reflect the Solstice Advanced Materials spin-off.
On February 10, portions of restricted stock units (RSUs) held by Chief Human Resources Officer Karen Matimore and by Meiloux vested. After withholding taxes on several hundred shares each, their net share positions increased; the remaining RSUs will vest in installments through 2027. All of these transactions are routine equity-compensation events under the company’s stock incentive plan and should not be conflated with open-market repurchases or discretionary insider sales.
Honeywell is currently reshaping its portfolio—preparing an aerospace business spin-off and laying the groundwork for an initial public offering of its quantum-computing subsidiary, Continuum. At the end of January, major investment banks raised their price targets into the mid-to-high $250 range, keeping investor attention high. The aerospace spin-off is slated for the second half of 2026 (with some segments targeted for Q3 2026), and the company has also announced resolutions of related legal disputes and expansions in long-term maintenance contracts.
Headquartered in Charlotte, North Carolina, Honeywell is a diversified industrial-technology company that has long operated global manufacturing and service businesses across aerospace, building and industrial automation, and advanced materials. Through planned separations by 2026, Honeywell aims to become distinct, publicly traded entities—one as a pure-play aerospace company and another focused on automation. The executives mentioned above oversee finance and human resources, and equity awards remain a standard component of executive compensation at major global manufacturing and technology firms.
Source: SEC 4 Filing