Huntington Ingalls (HII) Officer Credited 11.832 RSRs Under 2022 LTISP
Rhea-AI Filing Summary
Hughes Edmond E. Jr., an officer and former Vice President & Chief HR Officer of Huntington Ingalls Industries, Inc. (HII), reported receipt of 11.832 dividend-equivalent Restricted Stock Rights on 09/12/2025 under the company’s 2022 Long-Term Incentive Stock Plan. The Restricted Stock Rights are contingent rights to receive an equivalent number of common shares (or cash or a combination) and vest in three equal annual installments starting from the grant date. Following the crediting of these dividend equivalents, the reporting person beneficially owned 2,419.433 shares directly. The filing was submitted by one reporting person and signed via attorney-in-fact on 09/15/2025.
Positive
- Disclosure of equity compensation under the 2022 LTISP provides clarity on executive holdings
- Vesting schedule is specified (three equal annual installments), clarifying timing of future share delivery
- Beneficial ownership reported as 2,419.433 shares following the transaction
Negative
- None.
Insights
TL;DR: Routine insider compensation crediting of dividend-equivalent restricted stock rights; immaterial to near-term valuation.
The Form 4 documents a small grant of dividend-equivalent Restricted Stock Rights (11.832 RSRs) credited under the issuer’s 2022 LTISP on 09/12/2025. These RSRs are contingent rights that convert to shares or cash at the Compensation Committee’s discretion and vest ratably over three years. The transaction increases the reporting person’s direct beneficial ownership to 2,419.433 shares. This is a standard compensation-related filing rather than a voluntary open-market purchase or sale, and it provides transparency on executive equity holdings.
TL;DR: Disclosure aligns with standard equity compensation and Rule 16 reporting; no governance red flags apparent.
The filing clearly states the instrument (Restricted Stock Rights), the plan (2022 LTISP), vesting schedule (three equal annual installments) and the method for dividend-equivalent calculation tied to the closing share price. The report was filed by one reporting person and executed via attorney-in-fact, both common practices. No departures from required disclosure form or unusual transaction codes are shown.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 11.832 | $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.
