HII (HII) executive details restricted stock vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
414.933 shares exercised/converted
Mixed
5 txns
Insider
Green Edgar A III
Role
Ex VP, Pres. HII Mission Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Rights | 414.933 | $0.00 | -- |
| Exercise | Common Stock | 414.933 | $443.00 | $184K |
| Tax Withholding | Common Stock | 187.135 | $443.00 | $83K |
| holding | SEP | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Rights — 3,264.017 shares (Direct);
Common Stock — 11,845.14 shares (Direct);
SEP — 2,166.62 shares (Direct);
Common Stock — 2,080.48 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares withheld by issuer for the payment of withholding taxes on restricted stock rights ("RSRs") that vested on 2/26/26. 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. 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?
Edgar A. Green III reported exercising 414.933 Restricted Stock Rights into common shares and a related tax-withholding disposition of 187.135 shares. These actions reflect routine vesting and settlement of equity awards rather than open-market buying or selling.
What are Restricted Stock Rights (RSRs) in the HII filing?
The Restricted Stock Rights represent a contingent right to receive an equivalent number of HII common shares, or cash, or a combination. They were granted on February 26, 2024, and vest in three equal annual installments on each of the first, second, and third anniversaries.
How are HII Savings Excess Plan holdings reported for Edgar A. Green III?
His interest in the HII Stock Fund within the Savings Excess Plan is reported as units of interest. The plan administrator calculates how many Huntington Ingalls Industries common shares those units represent, and the filing lists this as 2,166.620 shares after the transactions.