Form 4: HII Executive Acquires Dividend Rights

Chad N. Boudreaux, Ex VP & Chief Legal Officer of Huntington Ingalls Industries, Inc. (HII), acquired dividend equivalent rights on restricted stock.

Summary

• Chad N. Boudreaux, Executive Vice President & Chief Legal Officer of Huntington Ingalls Industries, Inc. (HII), acquired dividend equivalent rights on Restricted Stock Rights (RSRs).
• The acquisition occurred on June 12, 2026, and is related to dividend payments made by the company.
• These dividend equivalent rights are credited following the payment of HII's quarterly cash dividend.
• The number of rights acquired is calculated by dividing the total dividend paid on the RSRs held by Mr. Boudreaux by the closing stock price on the dividend payment date.
• Mr. Boudreaux holds 3,577.22 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine transaction related to executive compensation and dividend reinvestment, rather than a significant strategic event or financial performance indicator.

Positives

• Executive demonstrates continued investment and participation in company equity through dividend reinvestment.
• The acquisition of dividend equivalent rights indicates the company is paying dividends, a positive sign of financial health and shareholder returns.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider acquisition of dividend rights on restricted stock is a common practice for executives, reflecting their ongoing participation in the company's financial performance and commitment to long-term value.

Stakeholder Impact

• Shareholders: The transaction reflects the company's dividend policy and executive compensation structure, which are of interest to shareholders.
• Employees: The RSRs and dividend equivalent rights are part of the executive compensation plan, impacting key personnel.

Key Dates

Keywords

Huntington Ingalls Industries, HII, Form 4, Insider Transaction, Restricted Stock Rights, Dividend Equivalent Rights, Executive Compensation, Beneficial Ownership