Huntington Ingalls Industries (NYSE: HII) CEO adds restricted stock rights via dividends
Rhea-AI Filing Summary
Huntington Ingalls Industries' President and CEO reported acquiring 84.6 restricted stock rights on 12/12/2025 as dividend equivalent rights tied to the company’s quarterly cash dividend. These restricted stock rights, granted under the 2022 Long-Term Incentive Stock Plan, represent contingent rights to receive an equal number of common shares, or cash, or a mix of both at the Compensation Committee’s discretion, and they vest in three equal annual installments on the first, second, and third anniversaries of the grant date. Following this transaction, the reporting person beneficially owns 20,126.288 restricted stock rights directly, reflecting ongoing alignment of executive compensation with the company’s equity.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Huntington Ingalls Industries (HII) report?
The company’s President and CEO reported acquiring 84.6 restricted stock rights on 12/12/2025, recorded as a derivative securities transaction.
What are the restricted stock rights reported by HII’s CEO?
Each Restricted Stock Right (RSR) is a contingent right to receive an equivalent number of Huntington Ingalls common shares, or cash, or a combination of both, at the Compensation Committee’s discretion.
How do the Huntington Ingalls (HII) restricted stock rights vest?
The RSRs granted under the 2022 Long-Term Incentive Stock Plan vest ratably in three equal installments on the first, second, and third anniversaries of the grant date.
Why were 84.6 restricted stock rights added for Huntington Ingalls’ CEO?
The 84.6 RSRs represent dividend equivalent rights, calculated by dividing the aggregate dividend paid on the CEO’s existing RSRs by the closing price of HII common stock on the dividend payment date.
How many restricted stock rights does the Huntington Ingalls CEO now beneficially own?
After this transaction, the reporting person beneficially owns 20,126.288 restricted stock rights directly.
Under which plan were the restricted stock rights for HII’s CEO issued?
The restricted stock rights and related dividend equivalents were issued under Huntington Ingalls’ 2022 Long-Term Incentive Stock Plan.