Form 4: Huntington Ingalls Industries Executive Jennifer R. Boykin Reports Changes in Beneficial Ownership

Executive VP Jennifer R. Boykin reports acquisition and disposal of Huntington Ingalls Industries (HII) common stock related to restricted performance stock rights.

Summary

• Jennifer R. Boykin, an Executive VP at Huntington Ingalls Industries (HII), filed a Form 4 detailing changes in her beneficial ownership of HII common stock.
• On February 24, 2025, she acquired 6,522 shares of common stock at $168.81 per share upon settlement of restricted performance stock rights (RPSRs) for the performance period that ended on December 31, 2024.
• On the same day, 2,842.648 shares were withheld by the issuer for payment of withholding taxes on these RPSRs at $168.81.
• Following these transactions, Boykin directly owns 15,640.788 shares of HII common stock.
• She also has an interest in the HII Stock Fund of the Huntington Ingalls Industries, Inc. Savings Excess Plan, representing 6,545.0485 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing reflecting standard compensation practices. There's no indication of unusual or concerning activity.

Positives

• The acquisition of shares through RPSR settlement indicates that performance goals were met, which is a positive signal.

Negatives

• The withholding of shares for tax obligations reduces the net gain from the RPSR settlement.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices involving stock-based awards.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation.

Key Dates