HII executive gets 16.2 dividend stock rights
An HII executive received a small dividend-equivalent Restricted Stock Right award, modestly increasing his long-term equity-based holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that executive officer Edgar A. Green III received an acquisition of 16.233 Restricted Stock Rights (RSRs) on September 11, 2026 as dividend equivalent rights on existing RSRs. Each RSR represents a contingent right to receive an equal number of common shares, cash, or a combination, under the 2022 Long-Term Incentive Stock Plan, and the underlying RSRs vest in three equal annual installments on the first three anniversaries of the grant date. Following this award, Green holds a total of 3,306.267 RSRs directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 16.233 | $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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII report for Edgar A. Green III?
How many Restricted Stock Rights does the HII executive hold after this Form 4 transaction?
What do the HII Restricted Stock Rights reported in this Form 4 represent?
How do the dividend equivalent rights work for HII Restricted Stock Rights?
What is the vesting schedule for the HII Restricted Stock Rights linked to this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.