HII director receives 145-share stock award
DENAULT LEO P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DENAULT LEO P reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director Leo P. Denault received 145 shares of common stock as a grant under the company’s 2022 Long-Term Incentive Stock Plan. These shares were issued in lieu of cash compensation at a reference price of $279.89 per share in an exempt transaction under Rule 16b-3.
After this award, Denault directly holds a total of 4,569.763 common shares. This is a routine, compensation-related equity grant rather than an open-market purchase or sale, so it mainly reflects how the company structures director pay in stock instead of cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 145 | $279.89 | $41K |
Footnotes (1)
- F1. Shares of common stock issued in lieu of cash pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan ("Plan") in an exempt transaction pursuant to Rule 16b-3.
Key Figures
Key Terms
Long-Term Incentive Stock Plan financial
Rule 16b-3 regulatory
Form 4 regulatory
FAQ
What insider transaction did HII director Leo P. Denault report?
Was Leo P. Denault’s HII stock transaction an open-market trade?
What plan governed the HII stock grant to Leo P. Denault?
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