Huntington Ingalls (HII) EVP adds 12.258 dividend-equivalent stock rights
Rhea-AI Filing Summary
Huntington Ingalls Industries executive reported acquiring additional derivative equity awards tied to company stock. On 12/12/2025, the Ex VP and President, Ingalls received 12.258 Restricted Stock Rights (RSRs) at an exercise price of $0, recorded as acquired. Following this transaction, the reporting person beneficially owns 2,916.005 RSRs on a direct basis.
Each RSR represents a contingent right to receive an equivalent number of shares of Huntington Ingalls common stock, or, at the Compensation Committee’s discretion, cash or a mix of cash and stock. These RSRs were granted under the 2022 Long-Term Incentive Stock Plan and vest in three equal annual installments on the first, second, and third anniversaries of the grant date. The newly acquired 12.258 units are described as dividend equivalent rights, calculated by dividing the aggregate dividend paid on the existing RSRs by the closing stock price on the dividend payment date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 12.258 | $0.00 | -- |
Footnotes (1)
- 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. 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 Huntington Ingalls Industries (HII) report in this Form 4?
The filing shows that the Ex VP and President, Ingalls of Huntington Ingalls Industries acquired 12.258 Restricted Stock Rights (RSRs) on 12/12/2025 at an exercise price of $0, increasing their directly held RSR balance.
How many Restricted Stock Rights does the Huntington Ingalls (HII) executive now beneficially own?
After the reported transaction, the executive beneficially owns 2,916.005 Restricted Stock Rights in Huntington Ingalls Industries, held in direct ownership form.
What does each Restricted Stock Right represent for Huntington Ingalls (HII)?
Each Restricted Stock Right (RSR) gives a contingent right to receive one share of Huntington Ingalls common stock or, at the Compensation Committee’s discretion, cash or a combination of cash and company stock.
Under which plan were the Huntington Ingalls (HII) Restricted Stock Rights granted and how do they vest?
The RSRs were granted under the 2022 Long-Term Incentive Stock Plan (LTISP) and vest ratably in three equal installments on each of the first, second, and third anniversaries of the grant date.
What are dividend equivalent rights on Huntington Ingalls (HII) Restricted Stock Rights?
The 12.258 RSRs acquired represent dividend equivalent rights, credited after payment of the company’s quarterly cash dividend. The number is calculated by dividing the total dividend paid on the RSRs held by the executive by the closing price of Huntington Ingalls common stock on the dividend payment date.
Who signed the Huntington Ingalls (HII) Form 4 and in what capacity?
The Form 4 was signed by /s/ Tiffany M. King as Attorney-in-Fact, indicating authority to sign on behalf of the reporting person.