Form 4: Director Kelly Anastasi D Reports Acquisition of Stock Units in Huntington Ingalls Industries
SEC Form 4 Filing
Director Kelly Anastasi D reports the acquisition of stock units due to dividend equivalents and updates beneficial ownership in Huntington Ingalls Industries.
Summary
- On March 14, 2025, Director Kelly Anastasi D acquired 119.512 stock units in Huntington Ingalls Industries (HII) due to dividend equivalents.
- These stock units were acquired under the company's Long-Term Incentive Stock Plan (LTISP).
- Each stock unit represents the right to receive one share of HII common stock, payable within 30 days after the director ceases board service.
- Following the transaction, Kelly Anastasi D directly owns 17,485.251 shares of HII common stock and 1,756 stock units.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment due to alignment of interests.
Positives
- The acquisition of stock units through dividend equivalents aligns the director's interests with those of the shareholders.
- The Long-Term Incentive Stock Plan (LTISP) incentivizes directors to focus on the long-term success of the company.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of stock unit acquisition by a company director, reflecting standard compensation practices within publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Acquisition of stock units. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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