Form 4: Huntington Ingalls Industries Director Acquires Shares Through Incentive Plan

Sentiment:

SEC Form 4


Director Craig S. Faller acquired 155 shares of Huntington Ingalls Industries common stock at $264.65 per share on October 1, 2024, through the company's Long-Term Incentive Stock Plan.

Summary

  • On October 1, 2024, Craig S. Faller, a director of Huntington Ingalls Industries, Inc. (HII), acquired 155 shares of common stock.
  • The acquisition was made through the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan.
  • The price per share was $264.65.
  • Following the transaction, Faller directly owns 828.676 shares of HII common stock.
  • The transaction was exempt under Rule 16b-3.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. There is no indication of positive or negative sentiment.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company's future prospects.

Industry Context

This filing reflects routine transactions related to executive compensation and stock ownership, common in publicly traded companies. It indicates ongoing participation in company incentive plans.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it shows confidence from a company director.

Key Dates

DateDescription
10/01/2024Date of transaction: Craig S. Faller acquired 155 shares of HII common stock.
10/02/2024Date of signature: Tiffany M. King, Attorney-in-Fact, signed the Form 4.

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