Huntington Ingalls Industries, Inc. (HII) executive gets 10.213 RSRs
Rhea-AI Filing Summary
Huntington Ingalls Industries, Inc. disclosed that its executive vice president and chief human resources officer acquired 10.213 restricted stock rights on 12/12/2025. These derivative securities relate to the company’s common stock and were received at a price of $0 as additional units tied to an existing equity award.
The 10.213 units represent dividend equivalent rights credited in connection with the company’s quarterly cash dividend, based on the dividend amount and the closing share price on the dividend payment date. Each restricted stock right gives a contingent right to receive an equivalent number of common shares, cash, or a combination, under the 2022 Long-Term Incentive Stock Plan. Following this transaction, the officer beneficially owns 2,429.646 restricted stock rights directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 10.213 | $0.00 | -- |
Footnotes (1)
- 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. 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.
FAQ
What insider transaction did Huntington Ingalls (HII) report in this Form 4?
An executive vice president and chief human resources officer of Huntington Ingalls Industries, Inc. acquired 10.213 restricted stock rights on 12/12/2025. These are derivative securities linked to the company’s common stock and were received at a price of $0.
How many derivative securities does the Huntington Ingalls executive hold after the reported transaction?
After acquiring 10.213 additional restricted stock rights, the executive beneficially owns a total of 2,429.646 restricted stock rights directly, each tied to Huntington Ingalls common stock.
What are restricted stock rights (RSRs) in the context of Huntington Ingalls (HII)?
Each restricted stock right (RSR) represents a contingent right to receive an equivalent number of shares of Huntington Ingalls common stock, or, at the compensation committee’s discretion, cash or a combination of cash and common stock, under the 2022 Long-Term Incentive Stock Plan.
Why did the Huntington Ingalls executive receive 10.213 restricted stock rights?
The 10.213 restricted stock rights represent dividend equivalent rights on existing RSRs. They are credited after payment of Huntington Ingalls’ quarterly cash dividend, calculated by dividing the total dividend paid on the RSRs held by the closing price of the common stock on the dividend payment date.
How do Huntington Ingalls restricted stock rights vest under the 2022 LTISP?
Restricted stock rights granted under the 2022 Long-Term Incentive Stock Plan vest ratably in three equal installments on each of the first, second, and third anniversaries of the grant date.