HII (NYSE: HII) executive exercises RSRs, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Ingalls Industries executive Brian D. Blanchette, Ex VP and President, Ingalls, reported equity award activity. On February 26, 2026, he exercised 95.675 Restricted Stock Rights, receiving an equivalent number of common shares at a stated price of $443.0000 per share.
To cover withholding taxes on vested restricted stock rights, the issuer withheld 41.475 common shares. After these transactions, Blanchette directly held 2,589.472 common shares and 2,945.799 Restricted Stock Rights, plus an indirect holding of 1,408.250 common shares through a 401(k) plan and an interest in the HII Stock Fund of the Savings Excess Plan representing 876.500 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
95.675 shares exercised/converted
Mixed
5 txns
Insider
Blanchette Brian D.
Role
Ex VP and President, Ingalls
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Rights | 95.675 | $0.00 | -- |
| Exercise | Common Stock | 95.675 | $443.00 | $42K |
| Tax Withholding | Common Stock | 41.475 | $443.00 | $18K |
| holding | SEP | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Rights — 2,945.799 shares (Direct);
Common Stock — 2,630.947 shares (Direct);
SEP — 876.5 shares (Direct);
Common Stock — 1,408.25 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares withheld by issuer for the payment of withholding taxes on restricted stock rights ("RSRs") that vested on 2/26/26. 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") on 2/26/24 and vest ratably in three equal installments upon each of the first, second, and third anniversaries of the grant date. The reporting person's interest in the HII Stock Fund of the Huntington Ingalls Industries, Inc. Savings Excess Plan (the "Plan") is held in the form of units of interest. The Plan's administrator calculates the number of shares of issuer common stock represented by units in the HII Stock Fund.
FAQ
What insider transactions did HII executive Brian D. Blanchette report?
Brian D. Blanchette reported exercising 95.675 Restricted Stock Rights into common shares and a related tax-withholding share disposition. The issuer withheld 41.475 common shares to satisfy taxes on vested restricted stock rights that vested on February 26, 2026.
What indirect Huntington Ingalls (HII) holdings does Blanchette report?
Blanchette reports indirect ownership of 1,408.250 shares of Huntington Ingalls common stock through a 401(k) plan and an interest in the HII Stock Fund of the Savings Excess Plan, where his position is held as 876.500 units whose underlying share count is calculated by the plan administrator.
Under which plan were Brian Blanchette’s Restricted Stock Rights granted?
The Restricted Stock Rights were granted under Huntington Ingalls’ 2022 Long-Term Incentive Stock Plan. They were awarded on February 26, 2024, and vest ratably in three equal installments on each of the first, second, and third anniversaries of the grant date, subject to plan terms.