HII executive acquires 5.1 restricted stock rights
A Huntington Ingalls Industries executive received additional dividend-based Restricted Stock Rights, modestly increasing his long-term equity-linked holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that executive Nicolas G. Schuck, Corp VP, Controller & CAO, acquired 5.1 Restricted Stock Rights (RSRs) on September 11, 2026. These RSRs are dividend equivalent rights tied to existing RSR holdings and increase his directly held RSR balance to 1,038.905. Each RSR represents a contingent right to receive an equivalent number of HII common shares, cash, or a combination, under the 2022 Long-Term Incentive Stock Plan, vesting in three equal annual installments from the grant date. No Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 5.1 | $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 Right financial
dividend equivalent rights financial
Long-Term Incentive Stock Plan financial
Compensation Committee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII report for Nicolas G. Schuck?
How many Restricted Stock Rights does the HII officer hold after this Form 4?
What do the Restricted Stock Rights reported by HII represent?
How do the dividend equivalent rights work for HII’s RSRs?
Do the HII Restricted Stock Rights vest immediately?
Was this HII insider transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.