[Form 4] HUNTINGTON INGALLS INDUSTRIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Huntington Ingalls Industries CEO and Director Christopher D. Kastner was credited with 98.009 Restricted Stock Rights (RSR) dividend-equivalent units on 09/12/2025, recorded as an acquisition under Form 4. The RSRs are contingent rights that may convert to common stock or cash under the 2022 Long-Term Incentive Stock Plan and vest in three equal annual installments from the grant date. After this credit, Kastner beneficially owns 20,041.688 shares (direct). The filing was signed by an attorney-in-fact on 09/15/2025.
Positive
- 98.009 dividend-equivalent Restricted Stock Rights were credited, increasing the reporting person's direct beneficial ownership to 20,041.688 shares
- RSRs vest ratably over three years under the 2022 Long-Term Incentive Stock Plan, maintaining executive alignment with long-term shareholder interests
Negative
- None.
Insights
TL;DR: CEO received dividend-equivalent RSRs increasing direct beneficial ownership modestly; vesting schedule maintains alignment with long-term incentives.
The filing documents a routine compensation-related credit of 98.009 dividend-equivalent Restricted Stock Rights under the company's 2022 LTISP, recorded as an acquisition on 09/12/2025. These RSRs vest ratably over three years and may convert to common stock or cash at the Compensation Committee's discretion. The transaction raises the reporting person’s direct beneficial ownership to 20,041.688 shares. This is a standard equity-compensation mechanic to preserve executive alignment with shareholder interests rather than an active open-market trade.
TL;DR: Dividend-equivalent credits on RSRs increased reported holdings; reflects typical post-dividend adjustment under the LTISP.
The description clarifies that the 98.009 units represent dividend equivalents credited after the company’s quarterly cash dividend and computed using the closing stock price on the dividend payment date. The mechanics and vesting terms are stated explicitly, indicating no immediate exercise or cash sale occurred. This is consistent with long-term incentive plan administration and does not itself change vesting timelines or exercise prices.