Honeywell Reports on Shareholder Votes and Debt
Ticker: HON · Form: 8-K · Filed: May 16, 2024 · CIK: 773840
| Field | Detail |
|---|---|
| Company | Honeywell International INC (HON) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, corporate-governance
TL;DR
Honeywell filed an 8-K on May 14th covering shareholder votes and various senior notes/term loans.
AI Summary
Honeywell International Inc. filed an 8-K on May 14, 2024, reporting on the submission of matters to a vote of security holders. The filing also details various debt instruments, including senior notes due in 2027, 2028, 2030, 2032, 2034, and 2036, as well as a term loan due in 2032.
Why It Matters
This filing informs investors about important shareholder decisions and the company's ongoing debt structure, which can impact financial leverage and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and debt instruments, not indicating any immediate financial distress or significant operational changes.
Key Numbers
- 2027 — Senior Notes Maturity (Maturity date for A3500 Senior Notes)
- 2028 — Notes Maturity (Maturity date for Euro225 Notes)
- 2030 — Senior Notes Maturity (Maturity date for Euro3.375 Senior Notes)
- 2032 — Term Loan & Senior Notes Maturity (Maturity date for Euro75 Term Loan and A3750 Senior Notes)
- 2034 — Senior Notes Maturity (Maturity date for Euro4125 Senior Notes)
- 2036 — Senior Notes Maturity (Maturity date for Euro3.75 Senior Notes)
Key Players & Entities
- HONEYWELL INTERNATIONAL INC (company) — Registrant
- May 14, 2024 (date) — Date of earliest event reported
- 2027 (date) — Maturity year for A3500 Senior Notes
- 2028 (date) — Maturity year for Euro225 Notes
- 2030 (date) — Maturity year for Euro3.375 Senior Notes
- 2032 (date) — Maturity year for Euro75 Term Loan and A3750 Senior Notes
- 2034 (date) — Maturity year for Euro4125 Senior Notes
- 2036 (date) — Maturity year for Euro3.75 Senior Notes
FAQ
What specific matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
What is the total amount of debt reported in this filing?
The filing lists several debt instruments with various maturity dates (e.g., A3500 Senior Notes Due 2027, Euro225 Notes Due 2028), but the specific principal amounts for each are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 14, 2024.
What is the primary business of Honeywell International Inc. according to the SIC code?
According to the Standard Industrial Classification (SIC) code provided, Honeywell International Inc. is in the business of 'AIRCRAFT ENGINES & ENGINE PARTS'.
Does this filing indicate any new debt issuance or significant changes to existing debt?
The filing lists existing debt instruments with their maturity dates, but it does not explicitly state whether new debt was issued or if there were significant changes to existing debt terms in this particular filing.
Filing Stats: 703 words · 3 min read · ~2 pages · Grade level 9.3 · Accepted 2024-05-16 16:46:51
Key Financial Figures
- $1 — ich registered Common Stock, par value $1 per share HON The Nasdaq Stock Market L
Filing Documents
- hon-20240514.htm (8-K) — 69KB
- 0000773840-24-000058.txt ( ) — 263KB
- hon-20240514.xsd (EX-101.SCH) — 4KB
- hon-20240514_def.xml (EX-101.DEF) — 9KB
- hon-20240514_lab.xml (EX-101.LAB) — 35KB
- hon-20240514_pre.xml (EX-101.PRE) — 19KB
- hon-20240514_htm.xml (XML) — 8KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders Honeywell International Inc. (the "Company") held its Annual Meeting of Shareowners on May 14, 2024. The following matters set forth in our Proxy Statement dated April 2, 2024 (the "2024 Proxy Statement"), which was filed with the Securities and Exchange Commission pursuant to Regulation 14A under the Securities Exchange Act of 1934, were voted upon with the results indicated below. 1. The nominees listed below were elected directors with the respective votes set forth opposite their names: For Against Abstain Broker Non Votes Darius Adamczyk 481,401,832 14,714,718 1,433,987 68,538,176 Duncan B. Angove 486,376,399 9,412,539 1,761,599 68,538,176 William S. Ayer 471,196,334 24,543,229 1,810,974 68,538,176 Kevin Burke 482,295,189 13,195,473 2,059,875 68,538,176 D. Scott Davis 474,935,838 20,829,212 1,785,487 68,538,176 Deborah Flint 488,489,845 7,381,573 1,679,119 68,538,176 Vimal Kapur 485,108,911 10,883,509 1,558,117 68,538,176 Michael W. Lamach 492,131,890 3,200,749 2,217,898 68,538,176 Rose Lee 489,254,041 6,618,351 1,678,145 68,538,176 Grace Lieblein 475,685,886 20,048,030 1,816,621 68,538,176 Robin L. Washington 482,838,025 12,833,297 1,879,215 68,538,176 Robin Watson 489,254,041 6,618,351 1,678,145 68,538,176 2. The shareowners approved, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the 2024 Proxy Statement. The voting results are set forth below: For Against Abstain Broker Non Votes 462,988,284 31,001,656 3,560,597 68,538,176 3. The shareowners approved the appointment of Deloitte & Touche LLP as independent accountants for 2024. The voting results are set forth below: For Against Abstain 558,918,240 5,255,523 1,914,950 4. The shareowners did not approve the shareowner proposal titled "Independent Board Chairman." The voting results are set forth below: For Against Abstain Broker Non Votes 128,388,545 366,2