Form 4: Huntington Ingalls Industries Director Leo P. Denault Reports Stock Acquisition
SEC Form 4 Filing
Director Leo P. Denault acquired 219 shares of Huntington Ingalls Industries common stock at $187.61 per share on January 2, 2025, through a deferred stock unit account.
Summary
- On January 2, 2025, Leo P. Denault, a director of Huntington Ingalls Industries, Inc. (HII), acquired 219 shares of common stock.
- The acquisition was made through a deferred stock unit account pursuant to the company's 2022 Long-Term Incentive Stock Plan.
- The price per share was $187.61.
- Following the transaction, Denault beneficially owns 2,847.904 shares of HII common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard insider transaction report. The director's purchase could be seen as a slightly positive signal, but it's a relatively small transaction.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions are closely monitored by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock acquisition by Leo P. Denault |
| 01/03/2025 | Date of signature for the Form 4 filing |
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