HII CEO granted dividend-equivalent stock rights
Huntington Ingalls Industries reported that Director, President & CEO Christopher D. Kastner acquired 61.382 Restricted Stock Rights on March 13, 2026.
Rhea-AI Filing Summary
Huntington Ingalls Industries reported that Director, President & CEO Christopher D. Kastner acquired 61.382 Restricted Stock Rights on March 13, 2026. These rights are dividend equivalents credited under the 2022 Long-Term Incentive Stock Plan following the company’s quarterly cash dividend.
Each Restricted Stock Right represents a contingent right to receive an equivalent number of common shares, cash, or a mix of both, at the Compensation Committee’s discretion. Following this grant, Kastner holds a total of 18,551.921 Restricted Stock Rights, highlighting a routine, compensation-related increase in his equity-based holdings.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 61.382 | $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").
- 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.
FAQ
What insider transaction did HII CEO Christopher Kastner report on this Form 4?
How many Restricted Stock Rights does HII CEO Christopher Kastner hold after this transaction?
What does each Restricted Stock Right reported by HII represent for Christopher Kastner?
How were the 61.382 Restricted Stock Rights for HII’s CEO calculated?
Are the new HII Restricted Stock Rights an open-market purchase or a compensation grant?
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