Huntington Ingalls Industries (HII) insider granted dividend RSRs on 12/12/2025
Rhea-AI Filing Summary
Huntington Ingalls Industries disclosed that its executive vice president and chief legal officer acquired 16.084 restricted stock rights on 12/12/2025. These rights were credited as dividend equivalent rights under the company’s 2022 Long-Term Incentive Stock Plan after payment of the company’s quarterly cash dividend.
Each restricted stock right represents a contingent right to receive an equivalent number of shares of common stock, or cash, or a combination of both at the compensation committee’s discretion. Following this transaction, the reporting person beneficially owns 3,826.354 restricted stock rights directly.
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FAQ
What insider transaction did Huntington Ingalls Industries (HII) report in this filing?
The filing shows that an executive vice president and chief legal officer of Huntington Ingalls Industries acquired 16.084 restricted stock rights on 12/12/2025 as dividend equivalent rights under the company’s 2022 Long-Term Incentive Stock Plan.
What are restricted stock rights (RSRs) in the Huntington Ingalls Industries (HII) filing?
Each restricted stock right (RSR) represents a contingent right to receive an equivalent number of shares of Huntington Ingalls Industries common stock, or, at the compensation committee’s discretion, cash or a combination of cash and common stock.
How were the 16.084 dividend equivalent rights for Huntington Ingalls Industries (HII) calculated?
The 16.084 dividend equivalent rights were calculated by dividing the aggregate amount of the cash dividend paid on the total number of RSRs held by the reporting person by the closing price of a share of Huntington Ingalls Industries common stock on the dividend payment date.
How many restricted stock rights does the Huntington Ingalls Industries (HII) insider hold after this transaction?
After the reported acquisition, the executive beneficially owns 3,826.354 restricted stock rights directly.
Under which plan were the Huntington Ingalls Industries (HII) restricted stock rights granted and how do they vest?
The RSRs were granted under the 2022 Long-Term Incentive Stock Plan and vest ratably in three equal installments on each of the first, second, and third anniversaries of the grant date.
What role does the reporting person hold at Huntington Ingalls Industries (HII)?
The reporting person is identified as an executive vice president and chief legal officer of Huntington Ingalls Industries.