HII executive reports equity award vesting activity
Huntington Ingalls Industries executive Edgar A. Green III reported equity award activity and related tax withholding.
Rhea-AI Filing Summary
Huntington Ingalls Industries executive Edgar A. Green III reported equity award activity and related tax withholding. On 2/26/26, he exercised 414.933 Restricted Stock Rights into the same number of common shares at a stated price of $443.00 per share, as part of awards granted under the 2022 Long-Term Incentive Stock Plan that vest in three annual installments.
To cover withholding taxes on these vested awards, 187.135 common shares were withheld by the company, reducing the net shares he retained. After these transactions, he directly held 11,658.005 common shares, had an indirect holding of 2,080.480 shares through a 401(k) plan, and an interest in units tied to 2,166.620 shares in the Savings Excess Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Rights | 414.933 | $0.00 | $0.00 |
| Exercise | Common Stock | 414.933 | $443.00 | $184K |
| Exercise Price or Tax Liability | Common Stock | 187.135 | $443.00 | $83K |
| holding | SEP | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld by issuer for the payment of withholding taxes on restricted stock rights ("RSRs") that vested on 2/26/26.
- F2. 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") on 2/26/24 and vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.
- F3. The reporting person's interest in the HII Stock Fund of the Huntington Ingalls Industries, Inc. Savings Excess Plan (the "Plan") is held in the form of units of interest. The Plan's administrator calculates the number of shares of issuer common stock represented by units in the HII Stock Fund.
FAQ
What insider transactions did HII executive Edgar A. Green III report?
What are Restricted Stock Rights (RSRs) in the HII filing?
How are HII Savings Excess Plan holdings reported for Edgar A. Green III?
AI-generated analysis. How Rhea-AI works. Not financial advice.