[Form 4] HUNTINGTON INGALLS INDUSTRIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Nicolas G. Schuck, Corporate Vice President, Controller & CAO of Huntington Ingalls Industries (HII), received dividend-equivalent credits to Restricted Stock Rights (RSRs) on 09/12/2025. The filing reports 5.47 RSRs credited (recorded at $0 price) and shows 1,118.631 shares of common stock beneficially owned following the transaction. The RSRs were granted under the companys 2022 Long-Term Incentive Stock Plan and vest ratably in three equal annual installments; dividend equivalents are converted into additional RSRs by dividing dividend cash by the closing stock price on the dividend payment date. The transaction is reported as a direct holding.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine dividend-equivalent credit to an executives restricted awards; modest increase in beneficial holdings, no cash outlay reported.
The Form 4 discloses a non-derivative issuance of 5.47 restricted stock rights credited as dividend equivalents to Mr. Schuck on 09/12/2025, increasing direct beneficial ownership to 1,118.631 shares. The entries reflect administrative crediting under the 2022 LTISP rather than an open-market purchase or option exercise; the reported price is $0. For financial modelling, this is an immaterial routine equity-compensation adjustment unless similar credits accumulate materially over time.
TL;DR: Standard executive compensation mechanics; vesting schedule preserves retention intent and aligns with long-term incentives.
The filing confirms RSRs granted under the 2022 Long-Term Incentive Stock Plan that vest ratably over three years, supporting retention alignment. The dividend-equivalent conversion methodology is explicitly described and administered by the plan. The transaction is disclosed promptly on a Form 4 and signed by an attorney-in-fact, meeting Section 16 reporting protocols. No red flags on timing or structure are evident from the filing alone.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 5.47 | $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.