Form 4: Huntington Ingalls Industries Executive Acquires Restricted Stock Rights

Paul C. Harris, Ex VP & Chief Sustainability Officer of Huntington Ingalls Industries, reports acquisition of restricted stock rights and dividend equivalent rights.

Summary

• On March 14, 2025, Paul C. Harris, Ex VP & Chief Sustainability Officer of Huntington Ingalls Industries, acquired 7.684 Restricted Stock Rights (RSRs).
• These RSRs represent a contingent right to receive an equivalent number of shares of Huntington Ingalls Industries common stock, or cash, or a combination of both, at the discretion of the Company's Compensation Committee.
• The RSRs were granted under the 2022 Long-Term Incentive Stock Plan (LTISP) and vest ratably in three equal installments on the first, second, and third anniversaries of the grant date.
• Harris also acquired dividend equivalent rights on the RSRs.
• Following the reported transaction, Harris directly owns 1,124.159 shares of Huntington Ingalls Industries common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of restricted stock rights aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The RSRs will vest in three equal installments on the first, second, and third anniversaries of the grant date.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders. This filing indicates ongoing equity-based compensation for a former executive.

Stakeholder Impact

• Shareholders may view the granting of RSRs as a way to align management's interests with the company's long-term performance.

Key Dates