HII EVP exercises awards, shares withheld for taxes
Huntington Ingalls Industries executive Eric D. Chewning reported equity award activity involving company stock.
Rhea-AI Filing Summary
Huntington Ingalls Industries executive Eric D. Chewning reported equity award activity involving company stock. On February 24, 2026, he exercised 605.021 Restricted Stock Rights at $0.00 per share, converting them into an equal number of common shares and increasing his directly held common stock.
On the same date, 193.611 common shares were automatically withheld by the company at a price of $447.73 per share to cover withholding taxes on the vested Restricted Stock Rights, as described in the footnotes. After these transactions, he directly held 604.666 common shares and 1,824.625 Restricted Stock Rights under the long-term incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Rights | 605.021 | $0.00 | $0.00 |
| Exercise | Common Stock | 605.021 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 193.611 | $447.73 | $87K |
Footnotes (2)
- F1. Shares withheld by issuer for the payment of withholding taxes on Restricted Stock Rights ("RSRs") that vested on February 24, 2026.
- F2. Each 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") on 2/24/25 and vest ratably in three equal installments upon each of the first, second, and third anniversaries of the grant date.
FAQ
What insider transactions did HII executive Eric D. Chewning report on this Form 4?
How many Huntington Ingalls (HII) Restricted Stock Rights did Eric D. Chewning exercise?
What are Restricted Stock Rights (RSRs) in the context of HII’s long-term incentive plan?
How do Eric D. Chewning’s remaining Restricted Stock Rights in HII vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.