Certainly seems like a possibility. Done after death. There would be a literally crap load of shuttles in the Federation it would be one small memorial for the recently awarded Starfleet officer after his unexpected death. I would expect many of them to get such honors, and at such a rather low level in rather quick turn. Now if it was a starship, or a school or university I would expect a much longer period not to mention if the process of determining if his contribution meet the criteria for much larger recognition. But a shuttle, seems very possible.