HII executive exercises stock rights, settles tax with shares
Huntington Ingalls Industries executive Nicolas G. Schuck reported equity award activity involving restricted stock rights and common shares.
Rhea-AI Filing Summary
Huntington Ingalls Industries executive Nicolas G. Schuck reported equity award activity involving restricted stock rights and common shares. On February 26, 2026, he exercised 152.872 Restricted Stock Rights at $0.0000 per right, receiving the same number of common shares at a value of $443.0000 per share.
On the same date, 68.946 common shares were disposed of under a tax-withholding transaction at $443.0000 per share, as shares were withheld by the issuer to cover taxes on vesting. After these transactions, he directly held 3,949.783 common shares and 1,025.629 Restricted Stock Rights, plus an interest equivalent to 1,216.4000 shares in a savings excess plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Rights | 152.872 | $0.00 | $0.00 |
| Exercise | Common Stock | 152.872 | $443.00 | $68K |
| Exercise Price or Tax Liability | Common Stock | 68.946 | $443.00 | $31K |
| holding | SEP | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld by issuer for the payment of withholding taxes on restricted stock rights ("RSRs") that vested on 2/26/26.
- F2. 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.
- F3. 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 Nicolas Schuck report on this Form 4?
Did Nicolas Schuck buy or sell Huntington Ingalls (HII) stock on the open market?
What are Restricted Stock Rights (RSRs) in the HII long-term incentive plan?
What is the HII Stock Fund interest reported for Nicolas Schuck?
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