[Form 4] Huntington Ingalls Industries, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Christopher D. Kastner, who is listed as a Director and the President & CEO, reported a transfer of Huntington Ingalls Industries common stock on 08/12/2025 to the Kastner Family Trust. The transaction is coded G (gift) and shows a $0 price, with an explanatory remark: "Transfer of shares to family trust."
Following the reported transaction the filing discloses 2,263.818 shares held directly and 83,139.087 shares held indirectly in the Kastner Family Trust. The Form 4 indicates the change reflects an internal transfer of beneficial ownership rather than a market sale.
Positive
- Clear disclosure of an insider transfer to the Kastner Family Trust with transaction coded G (gift)
- Post‑transaction beneficial ownership is provided: 2,263.818 shares direct and 83,139.087 shares indirect (held in the Kastner Family Trust)
Negative
- None.
Insights
TL;DR: Insider moved shares to a family trust via a gift; direct holdings fell while indirect holdings in a trust remain sizable.
The Form 4 shows a transaction coded G (gift) with a reported price of $0, consistent with a non‑market transfer of equity to a family trust. Reported post‑transaction positions are 2,263.818 shares direct and 83,139.087 shares indirect (held in the Kastner Family Trust). For investors, this is a change in beneficial ownership structure rather than an indicated sale or liquidity event; it does not, by itself, alter the company’s operating outlook but updates insider ownership records.
TL;DR: Disclosure documents a planned transfer to a family trust; governance disclosure requirements satisfied by the Form 4.
The filing explicitly records a transfer of common stock to the Kastner Family Trust and provides the resulting direct and indirect share counts. The transaction code G and the $0 price noted align with a gift transfer rather than a market trade. This update is material to ownership disclosure and beneficial‑ownership tracking but does not, on its face, indicate a governance change in corporate control.