Huntington Ingalls exec gets dividend stock rights
Wilkinson Kara R. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 10.835 | $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").
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HII executive Kara Wilkinson report in this Form 4 filing?
How many Restricted Stock Rights does Kara Wilkinson hold after this HII transaction?
What is a Restricted Stock Right in the context of HII’s equity awards?
Why did Kara Wilkinson receive 10.835 additional Restricted Stock Rights from HII?
Does this HII Form 4 show Kara Wilkinson buying or selling stock on the market?
Under which plan were Kara Wilkinson’s new HII Restricted Stock Rights granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.