HII legal chief gets 17.651 restricted stock rights
HII’s Executive Vice President & Chief Legal Officer received a small dividend-related Restricted Stock Right award, modestly increasing his equity-based holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that Executive Vice President & Chief Legal Officer Chad N. Boudreaux acquired 17.651 Restricted Stock Rights on September 11, 2026, as a grant under the company’s 2022 Long-Term Incentive Stock Plan. These represent dividend equivalent rights credited following payment of a quarterly cash dividend and correspond to an equivalent number of common shares, cash, or a combination, at the Compensation Committee’s discretion. After this award, Boudreaux holds a total of 3,594.871 Restricted Stock Rights directly. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 17.651 | $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
Long-Term Incentive Stock Plan financial
Compensation Committee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII report for Chad N. Boudreaux?
How many Restricted Stock Rights does the HII officer hold after this Form 4 transaction?
What do the Restricted Stock Rights reported by HII represent?
How were the 17.651 Restricted Stock Rights for HII’s officer calculated?
Do the HII Restricted Stock Rights vest immediately?
Was the HII insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.