HII exec credited 14.65 restricted stock rights
HII executive Brian D. Blanchette received additional Restricted Stock Rights as dividend equivalents tied to the company’s quarterly cash dividend.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that officer Brian D. Blanchette, Executive Vice President and President, Ingalls, acquired about 15 Restricted Stock Rights (RSRs) on September 11, 2026. These RSRs represent dividend equivalent rights credited in connection with the company’s quarterly cash dividend on his existing RSR holdings.
Each RSR represents a contingent right to receive an equivalent number of shares of HII common stock, or cash or a combination, under the 2022 Long-Term Incentive Stock Plan, with RSRs vesting in three equal installments on the first, second and third anniversaries of the grant date. Following this credit, Blanchette directly holds about 2,984 RSRs. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 14.65 | $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
2022 Long-Term Incentive Stock Plan financial
quarterly cash dividend financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HII officer Brian D. Blanchette report on this Form 4 for HII stock?
How many Restricted Stock Rights does the HII executive hold after this transaction?
What are Restricted Stock Rights (RSRs) in the context of HII (HII)?
Why did HII credit additional RSRs to the executive on this Form 4?
Were the HII Form 4 transactions made under a Rule 10b5-1 trading plan?
How do the HII Restricted Stock Rights vest for this executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.