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

Anastasia D. Kelly, a director at Huntington Ingalls Industries, acquired 143 shares of common stock on April 1, 2024, under the company's Long-Term Incentive Stock Plan.

Summary

• On April 1, 2024, Anastasia D. Kelly, a director of Huntington Ingalls Industries, Inc. (HII), acquired 143 shares of HII common stock.
• The acquisition was made under the company's 2022 Long-Term Incentive Stock Plan, pursuant to Rule 16b-3.
• The price per share was $287.6.
• Following the transaction, Kelly directly owns 1,215 shares of HII common stock.
• Kelly also indirectly owns 17,066.276 shares through vested restricted stock units under the company's 2011, 2012 and 2022 Long-Term Incentive Stock Plans.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's stock acquisition signals confidence in the company's future, but it's a routine transaction.

Positives

• The director's participation in the Long-Term Incentive Stock Plan demonstrates alignment with shareholder interests.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing reflects routine transactions by company insiders and is a common occurrence in publicly traded companies. It indicates that the director is incentivized to increase shareholder value.

Comparison to Industry Standards

• Director stock ownership is a common practice across the defense industry, with companies like Lockheed Martin (LMT) and General Dynamics (GD) also utilizing stock-based compensation plans.
• The vesting schedules and terms of HII's Long-Term Incentive Stock Plans are likely benchmarked against those of its peers to attract and retain talent.
• The level of stock ownership by Anastasia D. Kelly can be compared to that of directors at similar companies to assess her alignment with shareholder interests.

Stakeholder Impact

• The stock acquisition could have a slightly positive impact on shareholder confidence.

Key Dates