Executive at Newly Spun-Off Aerospace Company Buys 6,400 Shares
Arnold paid $156 per share, above recent market levels, signaling confidence in the aerospace segment's trajectory.
Overview
Director Craig Arnold purchased 6,400 shares of Honeywell Aerospace Inc. on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($156.00); post-transaction value based on Sept. 1, 2026, market close ($154.24).
Details
Honeywell Aerospace Inc. operates as a diversified aerospace and defense technology provider with a $47.9 billion market capitalization and approximately 30,000 employees. The company leverages its multi-segment portfolio to deliver integrated solutions across avionics, propulsion, and control systems, maintaining a competitive advantage through technological innovation and deep customer relationships within the highly regulated aerospace sector. With TTM revenue of $17.2 billion and net income of $2.4 billion, Honeywell Aerospace demonstrates strong operational performance and profitability within the capital-intensive aerospace and defense industry.
Source
Originally published at www.fool.com.