HII CFO granted 19.687 restricted stock rights
HII’s CFO received a small dividend-equivalent award of additional restricted stock rights, increasing his long-term incentive holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that its Ex. VP and CFO, Thomas E. Stiehle, acquired 19.687 Restricted Stock Rights (RSRs) on September 11, 2026 as a grant/award under the company’s 2022 Long-Term Incentive Stock Plan. Each RSR is a contingent right to receive an equivalent number of shares of common stock, or cash, or a combination, at the discretion of the Compensation Committee.
The 19.687 RSRs represent dividend equivalent rights credited following payment of the company’s quarterly cash dividend, calculated by dividing the dividend paid on the RSRs held by Stiehle by the closing stock price on the dividend payment date. After this acquisition, Stiehle directly holds 4,009.897 RSRs. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 19.687 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Company common stock, or, at the discretion of the Company's Compensation Committee, cash or a combination of cash and Company common stock. The RSRs were granted under the 2022 Long-Term Incentive Stock Plan ("LTISP") and vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.
- F2. The amount acquired represents dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of dividend equivalent rights acquired is calculated by dividing the aggregate amount of the dividend paid on the total number of RSRs held by the reporting person by the closing price of a share of Company common stock on the dividend payment date.
Key Figures
Key Terms
Restricted Stock Rights financial
dividend equivalent rights financial
Long-Term Incentive Stock Plan financial
Compensation Committee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII report for its CFO on September 11, 2026?
What do the Restricted Stock Rights reported by HII (symbol HII) represent?
Why did HII’s CFO receive 19.687 additional Restricted Stock Rights?
How many Restricted Stock Rights does HII’s CFO hold after this Form 4 transaction?
Do the Restricted Stock Rights reported by HII vest immediately?
Was HII’s September 2026 insider award made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.