HII CEO reports stock award vesting and taxes
Huntington Ingalls Industries Director, President & CEO Christopher D. Kastner reported equity award activity tied to restricted stock rights (RSRs).
Rhea-AI Filing Summary
Huntington Ingalls Industries Director, President & CEO Christopher D. Kastner reported equity award activity tied to restricted stock rights (RSRs). On February 24, 2026, he exercised 5,145.748 RSRs for the same number of shares of common stock at a stated price of $0.00 per share.
The company then withheld 2,320.733 shares of common stock at $447.73 per share to cover withholding taxes on RSRs that vested on that date, which is a tax-withholding disposition rather than an open-market sale. After these transactions, he directly owned 5,088.833 shares of common stock.
He also reported 14,980.54 RSRs remaining, a 401(k) plan holding of 100.55 shares of common stock, an indirect holding of 67,479.087 shares of common stock in the Kastner Family Trust, and an interest in the HII Stock Fund of the Savings Excess Plan equivalent to 3,295.67 shares as calculated by the plan administrator.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Rights | 5,145.748 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,145.748 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,320.733 | $447.73 | $1.04M |
| holding | SEP | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld by issuer for the payment of withholding taxes on Restricted Stock Rights ("RSRs") that vested on February 24, 2026.
- F2. Each 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 2/24/25 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 did HII CEO Christopher D. Kastner report in this Form 4 filing for HII?
What are Christopher D. Kastner’s direct HII common stock holdings after these transactions?
What indirect HII holdings does Kastner report, including family trust and plan interests?
How many restricted stock rights does Kastner still hold in HII after this Form 4?
Are the HII Form 4 transactions for Kastner open-market buys or sells of stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.