STOCK TITAN

HII (HII) CEO Christopher Kastner awarded 86 dividend-linked Restricted Stock Rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Huntington Ingalls Industries Director, President & CEO Christopher D. Kastner reported an acquisition of 86.003 Restricted Stock Rights (RSRs) tied to company common stock. These RSRs represent dividend equivalent rights credited after payment of the company’s quarterly cash dividend.

Each RSR corresponds to a contingent right to receive an equivalent number of HII common shares or, at the compensation committee’s discretion, cash or a mix of cash and shares. Following this grant, Kastner holds a reported total of 18,637.924 RSRs directly, which continue to vest under the company’s 2022 Long-Term Incentive Stock Plan.

Positive

  • None.

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Insider Kastner Christopher D
Role Director, President & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Rights 86.003 $0.00 --
Holdings After Transaction: Restricted Stock Rights — 18,637.924 shares (Direct, null)
Footnotes (1)
  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.
Restricted Stock Rights granted 86.003 rights Dividend equivalent rights credited on RSRs
Total Restricted Stock Rights after grant 18,637.924 rights Holdings following the reported transaction
Transaction price per right $0.0000 per right Non-cash grant/award acquisition
Restricted Stock Rights financial
"Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares"
Restricted stock rights are ownership claims in company shares that come with limits on when or how they can be sold or transferred, often tied to time-based or performance conditions. For investors, these rights matter because they affect when insiders truly own or can monetize shares — influencing future share supply, executive incentives, and potential stock price pressure much like a savings account that only becomes withdrawable after meeting set conditions.
dividend equivalent rights financial
"The amount acquired represents dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
2022 Long-Term Incentive Stock Plan financial
"The RSRs were granted under the 2022 Long-Term Incentive Stock Plan ("LTISP") and vest ratably in three equal installments"
quarterly cash dividend financial
"dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend."
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kastner Christopher D

(Last)(First)(Middle)
4101 WASHINGTON AVENUE

(Street)
NEWPORT NEWS VIRGINIA 23607

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HUNTINGTON INGALLS INDUSTRIES, INC. [ HII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Director, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Rights(1)06/12/2026A86.003(2) (1) (1)Common Stock86.003$018,637.924D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Tiffany M. King, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did HII CEO Christopher Kastner report on this Form 4?

Christopher D. Kastner reported receiving 86.003 Restricted Stock Rights as a dividend-related award. These rights are additional derivative units linked to Huntington Ingalls Industries common stock, granted under the company’s long-term incentive plan rather than through an open-market stock purchase.

How many Restricted Stock Rights does HII’s CEO hold after this transaction?

After this transaction, Christopher D. Kastner holds 18,637.924 Restricted Stock Rights. These rights represent contingent claims on an equivalent number of HII common shares or cash, subject to the terms and vesting schedule of the company’s 2022 Long-Term Incentive Stock Plan.

What are Restricted Stock Rights in the context of HII (HII) compensation?

Restricted Stock Rights at HII are derivative awards that can settle in common stock, cash, or both. Each RSR represents a contingent right to receive an equivalent number of shares, generally vesting over time under the company’s 2022 Long-Term Incentive Stock Plan for executives.

Why did HII’s CEO receive 86.003 additional Restricted Stock Rights?

The 86.003 additional Restricted Stock Rights represent dividend equivalent rights credited after HII paid its quarterly cash dividend. The award size is calculated by dividing aggregate dividends on existing RSRs by the closing price of HII common stock on the dividend payment date.

Does this HII Form 4 reflect an open-market stock purchase or sale?

No, this Form 4 reflects a grant of dividend-related Restricted Stock Rights, not an open-market trade. The transaction code “A” indicates a grant or award acquisition, and the price per right is reported as 0.0000, consistent with non-cash equity compensation.