Honeywell to receive $1.59B from Resideo to terminate indemnification agreement

HONEYWELL INTERNATIONAL INC

One-time cash payment of $1.59 billion from Resideo in lieu of future indemnification payments; closing by August 29, 2025.
Resideo paid $35M quarterly indemnification on July 29, 2025; amounts tolled until closing, due with 5% interest if deal fails.
If closing fails after extensions, Honeywell receives $100M liquidated damages and original indemnification agreement remains in effect.
Bylaws amended to add Senior Management Official designation for U.S. National Industrial Security Program (non-material).

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

HONEYWELL INTERNATIONAL INC: Amended By-laws to add new Section 17 in Article V regarding designation of a Senior Management Official for the National Industrial Security Program Operating Manual (effective 2025-07-25).

Change: bylaw amendment
Effective: 2025-07-25

Exact text from the filing

On July 25, 2025, the Board of Directors (the “Board”) of the Company amended and restated the By-laws of the Company (as amended and restated, the “By-laws”), effective as of such date, to include a new Section 17 in Article V related to the designation of a Senior Management Official for purposes of the United States National Industrial Security Program Operating Manual.

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Source: SEC EDGAR

accession 0000773840-25-000067

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