[Form 4] HUNTINGTON INGALLS INDUSTRIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Eric D. Chewning, EVP for Maritime Systems & Corporate Strategy at Huntington Ingalls Industries (HII), reported a non-derivative equity-related change on 09/12/2025. The Form 4 shows acquisition of 11.832 Restricted Stock Rights (RSR) dividend equivalent units credited following the company's quarterly cash dividend, at a recorded price of $0. After the transaction, the reporting person directly beneficially owned 2,419.433 shares of HII common stock.
The RSRs were originally granted under the company's 2022 Long-Term Incentive Stock Plan (LTISP) and vest in three equal annual installments. The filing explains the dividend equivalent methodology: dividend amounts on RSRs are divided by the closing stock price on the dividend payment date to calculate the credited units. The form is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Disclosure of RSR dividend-equivalent accrual for 11.832 units, showing transparency in compensation accounting
- Post-transaction direct beneficial ownership disclosed: 2,419.433 shares, providing clarity on insider holdings
- RSRs granted under the 2022 LTISP with clear vesting terms (three equal annual installments), improving traceability of compensation
- Form executed by authorized attorney-in-fact, meeting filing formalities
Negative
- None.
Insights
TL;DR: Routine crediting of dividend-equivalent RSR units with modest direct share ownership change; no cash exercise or sale reported.
The Form 4 documents a small accrual of 11.832 dividend-equivalent RSRs on 09/12/2025, recorded at a price of $0, consistent with plan mechanics rather than an active purchase or sale. Post-transaction direct beneficial ownership is 2,419.433 shares. This disclosure reflects compensation plan administration under the 2022 LTISP and the application of a dividend-equivalent conversion formula tied to the closing share price. There are no derivative exercises, option grants, or dispositions reported that would materially affect outstanding share count or liquidity.
TL;DR: Standard insider filing showing award mechanics and vesting; governance disclosures are complete and signed by an authorized agent.
The filing identifies the reporting person as an officer (EVP, Maritime Systems & Corporate Strategy) and discloses that the RSRs were granted under the company's 2022 LTISP with ratable annual vesting over three years. The explanation clarifies how dividend-equivalent rights are calculated. The Form 4 is properly executed by an attorney-in-fact, satisfying signature requirements. The report contains routine, plan-driven compensation activity rather than governance concerns or atypical transactions.