HII exec granted 10.971 dividend stock rights
Executive Eric D. Chewning received additional dividend-linked Restricted Stock Rights, modestly increasing his equity-based compensation at HII.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (symbol: HII) is the issuer of record for a Form 4 filing submitted to the SEC. Chewning Eric D. reported acquisition or exercise transactions in this Form 4 filing.
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that executive officer Eric D. Chewning received an automatic grant of 10.971 Restricted Stock Rights (RSRs) on September 11, 2026, as dividend equivalent rights tied to previously granted RSRs. Each RSR represents a contingent right to receive an equivalent number of shares of HII common stock, or, at the discretion of the Compensation Committee, cash or a combination of cash and stock. Following this grant, Chewning holds 2,234.400 RSRs directly, which vest in three equal annual installments on the first, second, and third anniversaries of the original grant date. No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights F1, F2 | 10.971 | $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 Rights financial
dividend equivalent rights financial
2022 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 Eric D. Chewning on this Form 4?
How many Restricted Stock Rights does Eric D. Chewning hold in total after this HII Form 4?
What are Restricted Stock Rights (RSRs) as described by HII?
Why did Eric D. Chewning receive 10.971 additional RSRs from HII?
Do the RSRs reported for HII’s Eric D. Chewning vest immediately?
Was the HII Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.