Form 4: Huntington Ingalls Industries Executive Acquires and Disposes of Restricted Stock Rights
SEC Form 4 Filing
Stephen R. Powell, Corp VP & Treasurer of Huntington Ingalls Industries, reports changes in beneficial ownership, including the acquisition of 675 Restricted Stock Rights and disposal of 825.598 Restricted Stock Rights on February 24, 2025.
Summary
- Stephen R. Powell, a Corporate VP & Treasurer at Huntington Ingalls Industries (HII), filed a Form 4 with the SEC.
- The filing reports transactions related to Restricted Stock Rights (RSRs) on February 24, 2025.
- Powell acquired 675 Restricted Stock Rights.
- Powell disposed of 825.598 Restricted Stock Rights.
- Powell also indirectly owns 35.21 shares of common stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine filing of insider transactions. It doesn't indicate positive or negative performance for the company.
Future Outlook
The Restricted Stock Rights vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's securities, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the reported transactions: acquisition and disposal of Restricted Stock Rights. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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