STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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 Chewning Eric D.
Role EVP, Maritime Sys & Corp STR
Type Security Shares Price Value
Grant/Award Restricted Stock Rights F1, F2 10.971 $0.00 $0.00
Holdings After Transaction: Restricted Stock Rights — 2,234.4 contracts (Direct)
Footnotes (2)
  1. 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.
  2. 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.
Restricted Stock Rights granted 10.971 RSRs Dividend equivalent rights granted to Eric D. Chewning on September 11, 2026
RSRs held after transaction 2,234.400 RSRs Total Restricted Stock Rights directly held by Eric D. Chewning after the grant
Transaction price per RSR $0.00 per right Equity grant with no cash price reported
Vesting schedule 3 equal annual installments RSRs vest on the first, second, and third anniversaries of the grant date
Transaction date September 11, 2026 Date dividend equivalent RSRs were credited
Restricted Stock Rights financial
"Each Restricted Stock Right ("RSR") represents a contingent right to receive"
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"
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"
Compensation Committee financial
"at the discretion of the Company's Compensation Committee, cash or a combination"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

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?

HII reported that Eric D. Chewning received a grant of 10.971 Restricted Stock Rights on September 11, 2026, as dividend equivalent rights credited on his existing RSR holdings under the company’s 2022 Long-Term Incentive Stock Plan.

How many Restricted Stock Rights does Eric D. Chewning hold in total after this HII Form 4?

After the reported grant, Eric D. Chewning directly holds 2,234.400 Restricted Stock Rights, each representing a contingent right to receive an equivalent number of HII common shares or, at the Compensation Committee’s discretion, cash or a cash/stock combination.

What are Restricted Stock Rights (RSRs) as described by HII?

Each HII Restricted Stock Right represents a contingent right to receive one share of company common stock, or, at the Compensation Committee’s discretion, cash or a mix of cash and stock. The RSRs generally vest in three equal annual installments after the grant date.

Why did Eric D. Chewning receive 10.971 additional RSRs from HII?

The 10.971 RSRs represent dividend equivalent rights credited after payment of HII’s quarterly cash dividend. The number of rights is calculated by dividing dividends on Chewning’s RSRs by the closing price of HII common stock on the dividend payment date.

Do the RSRs reported for HII’s Eric D. Chewning vest immediately?

No. The RSRs reported vest ratably in three equal installments on the first, second, and third anniversaries of the original grant date, in line with the terms of HII’s 2022 Long-Term Incentive Stock Plan.

Was the HII Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this grant of dividend equivalent Restricted Stock Rights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Chewning Eric D.

(Last)(First)(Middle)
C/O HUNTINGTON INGALLS INDUSTRIES, INC.
4101 WASHINGTON AVE.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Maritime Sys & Corp STR
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
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)09/11/2026A10.971(2) (1) (1)Common Stock10.971$02,234.4D
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-Fact09/14/2026
** 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)

Keep reading