HII (HII) legal chief reports stock grants and tax-withheld shares
Rhea-AI Filing Summary
Huntington Ingalls Industries executive Chad N. Boudreaux, Executive Vice President and Chief Legal Officer, reported equity compensation changes. He received a grant of 6,470 shares of common stock on February 25, 2026, issued upon settlement of restricted performance stock rights for a performance period that ended on December 31, 2025. On the same date, 2,917.97 common shares were withheld by the company to cover withholding taxes tied to these awards. Boudreaux was also granted 1,136 Restricted Stock Rights under the 2022 Long-Term Incentive Stock Plan; each right represents a contingent right to receive one share of common stock or, at the compensation committee’s discretion, cash or a combination. These Restricted Stock Rights vest in three equal annual installments on the first, second and third anniversaries of the grant date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 1,136 | $0.00 | -- |
| Grant/Award | Common Stock | 6,470 | $435.58 | $2.82M |
| Tax Withholding | Common Stock | 2,917.97 | $435.58 | $1.27M |
Footnotes (1)
- Shares issued upon settlement of restricted performance stock rights ("RPSRs") for the performance period that ended on 12/31/2025. Shares withheld by issuer for payment of withholding taxes on RPSRs. 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 2/25/26 and vest ratably in three equal installments upon each of the first, second, and third anniversaries of the grant date.