Huntington Ingalls (HII) Form 4 shows dividend-equivalent RSR credit for officer
Rhea-AI Filing Summary
Kara R. Wilkinson, an officer of Huntington Ingalls Industries, acquired dividend-equivalent Restricted Stock Rights under the 2022 Long-Term Incentive Stock Plan. The Form 4 reports a transaction dated 09/12/2025 that credits 17.304 dividend-equivalent RSRs (calculated per the plan) and shows 3,538.544 shares of common stock beneficially owned following the transaction. The RSRs are contingent rights that vest in three equal annual installments and may be settled in stock, cash, or a combination at the Compensation Committee's discretion.
Positive
- Beneficial ownership increased to 3,538.544 shares following crediting of dividend-equivalent RSRs
- Transaction is compensation-related (dividend equivalents under the 2022 LTISP), not a market sale
Negative
- None.
Insights
TL;DR: Routine insider credit of dividend-equivalent restricted stock rights increased beneficial ownership modestly; transaction appears non-dispositive and compensation-related.
The reported entry reflects the mechanical crediting of dividend equivalents to Restricted Stock Rights granted under the 2022 LTISP rather than a market purchase or sale.
This transaction increased the reporting person’s beneficial ownership to 3,538.544 shares and does not show a cash purchase price, indicating it is compensation-related. For investors, such filings typically indicate ordinary equity compensation mechanics rather than a deliberate buy or sell decision by the insider.
TL;DR: Compensation-driven issuance of dividend equivalents to RSRs; vesting schedule and settlement discretion remain unchanged.
The RSRs vest ratably over three years and may be settled in stock or cash, preserving typical dilution and payout flexibility under the LTISP. The report documents dividend-equivalent credits computed per plan terms; no exercise or sale is reported. This is a routine grant-related entry with limited immediate impact on governance or control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 17.304 | $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.