HII CEO awarded 91.96 restricted stock rights
HII’s CEO received a small dividend-equivalent Restricted Stock Rights grant credited under the company’s long-term incentive plan, modestly increasing his equity-based holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that Director, President & CEO Christopher D. Kastner acquired 91.96 Restricted Stock Rights on September 11, 2026 as a grant of dividend equivalent rights tied to existing RSRs. Each Restricted Stock Right represents a contingent right to receive an equivalent number of HII common shares, cash, or a combination, at the discretion of the compensation committee. These RSRs, granted under the 2022 Long-Term Incentive Stock Plan, vest in three equal annual installments on the first, second, and third anniversaries of the original grant date, and Kastner now holds a total of 18,729.884 Restricted Stock Rights directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 91.96 | $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 Right financial
dividend equivalent rights financial
2022 Long-Term Incentive Stock Plan financial
contingent right financial
FAQ
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What insider transaction did HII report for CEO Christopher Kastner?
How many Restricted Stock Rights does the HII CEO hold after this Form 4?
What do the Restricted Stock Rights reported by HII represent?
How do the dividend equivalent rights work for HII’s Restricted Stock Rights?
What is the vesting schedule of the HII CEO’s Restricted Stock Rights?
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