HII HR chief acquires 10.971 dividend stock rights
HII’s chief HR officer received additional Restricted Stock Rights as dividend-equivalent credits tied to existing long-term incentive awards.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that executive vice president and chief human resources officer Edmond E. Hughes Jr. acquired 10.971 Restricted Stock Rights on September 11, 2026 as a grant-related adjustment for dividend equivalents. These RSRs relate to the company’s common stock and were issued under the 2022 Long-Term Incentive Stock Plan. Following this acquisition, Hughes holds 2,234.4 Restricted Stock Rights directly, which vest in three equal annual installments from the original grant date. No Rule 10b5‑1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 10.971 | $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 Rights financial
dividend equivalent rights financial
2022 Long-Term Incentive Stock Plan financial
quarterly cash dividend financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HII executive Edmond E. Hughes Jr. report on this Form 4?
How many Restricted Stock Rights does the HII officer hold after this transaction?
What do the Restricted Stock Rights reported by HII’s officer represent?
Why did the HII executive receive 10.971 additional Restricted Stock Rights?
How do the HII Restricted Stock Rights vest for the reporting officer?
Was the HII Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.