Huntington Ingalls Industries (NYSE: HII) reports executive dividend stock rights
Rhea-AI Filing Summary
Huntington Ingalls Industries reported that an executive vice president and president of HII Mission Technologies acquired additional restricted stock rights tied to company common stock on 12/12/2025. The transaction reflects 14.937 restricted stock rights credited at a price of $0, increasing the executive's directly held restricted stock rights to 3,553.481.
These rights were issued under the company’s 2022 Long-Term Incentive Stock Plan and represent a contingent right to receive an equal number of shares of common stock, or cash, at the compensation committee’s discretion. The newly credited amount represents dividend equivalent rights earned on existing awards following payment of the company’s quarterly cash dividend, with the number determined by the dividend paid on the underlying restricted stock rights and the stock’s closing price on the dividend payment date. The restricted stock rights vest in three equal annual installments on the first three anniversaries of the original grant date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Rights | 14.937 | $0.00 | -- |
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") and vest ratably in three equal installments upon each of the first, second, and third anniversaries of the grant date. 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 insider transaction did Huntington Ingalls Industries (HII) report on 12/12/2025?
An executive vice president and president of HII Mission Technologies acquired 14.937 restricted stock rights tied to Huntington Ingalls Industries common stock on 12/12/2025 at a price of $0.
How many restricted stock rights does the HII executive hold after this transaction?
Following the transaction, the executive directly holds a total of 3,553.481 restricted stock rights linked to Huntington Ingalls Industries common stock.
What are restricted stock rights at Huntington Ingalls Industries?
Each restricted stock right represents a contingent right to receive an equivalent number of shares of Huntington Ingalls Industries common stock, or, at the compensation committee’s discretion, cash or a combination of cash and stock.
Under what plan were the Huntington Ingalls (HII) restricted stock rights granted?
The restricted stock rights were granted under Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan, which governs these equity-based awards.
How do dividend equivalent rights work for HII restricted stock rights?
The amount acquired represents dividend equivalent rights, credited after payment of the company’s quarterly cash dividend. The number of rights is calculated by dividing the total dividend paid on the executive’s restricted stock rights by the closing price of Huntington Ingalls Industries common stock on the dividend payment date.
When do the Huntington Ingalls restricted stock rights vest?
The restricted stock rights vest in three equal installments on each of the first, second, and third anniversaries of the original grant date.