Dividend stock rights boost Huntington Ingalls (HII) executive equity stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilkinson Kara R. reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries executive Kara R. Wilkinson received an automatic grant of 10.835 Restricted Stock Rights as dividend equivalents on her existing equity awards. Each right contingently represents one share of common stock or cash under the 2022 Long-Term Incentive Stock Plan, bringing her reported Restricted Stock Rights holdings to 3,274.852.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilkinson Kara R.
Role
Ex. VP and President, NNS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 10.835 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Rights — 3,274.852 shares (Direct)
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"). 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 did HII executive Kara Wilkinson report in this Form 4 filing?
Kara Wilkinson reported an automatic acquisition of 10.835 Restricted Stock Rights tied to Huntington Ingalls Industries common stock. These rights were credited as dividend equivalents on her existing awards under the company’s 2022 Long-Term Incentive Stock Plan, increasing her reported Restricted Stock Rights position.
How many Restricted Stock Rights does Kara Wilkinson hold after this HII transaction?
After this transaction, Kara Wilkinson is reported to hold 3,274.852 Restricted Stock Rights linked to Huntington Ingalls Industries common stock. This figure reflects her position following the 10.835 dividend-equivalent rights credited on March 13, 2026, under the long-term incentive stock plan.
What is a Restricted Stock Right in the context of HII’s equity awards?
A Restricted Stock Right at Huntington Ingalls Industries represents a contingent right to receive one share of common stock, cash, or a mix. The choice is at the Compensation Committee’s discretion and the rights were granted under the company’s 2022 Long-Term Incentive Stock Plan framework.
Why did Kara Wilkinson receive 10.835 additional Restricted Stock Rights from HII?
The 10.835 additional Restricted Stock Rights represent dividend equivalent rights credited after Huntington Ingalls Industries paid its quarterly cash dividend. The number was calculated by dividing the dividend amount on her outstanding rights by the common stock closing price on the dividend payment date.
Does this HII Form 4 show Kara Wilkinson buying or selling stock on the market?
This Form 4 does not show open-market buying or selling by Kara Wilkinson. It reports an automatic, compensation-related acquisition of dividend equivalent Restricted Stock Rights, with no transaction price and no indication of market purchases or sales of Huntington Ingalls Industries common shares.
Under which plan were Kara Wilkinson’s new HII Restricted Stock Rights granted?
The newly acquired Restricted Stock Rights for Kara Wilkinson were granted under Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan. This plan governs equity-based compensation, including dividend equivalent rights that are credited when the company pays its regular quarterly cash dividend.