Form 4: Huntington Ingalls Industries Executive Nicolas G. Schuck Reports Stock Transactions

Nicolas G. Schuck, a Corporate VP, Controller & CAO at Huntington Ingalls Industries, reported the sale of common stock and an intra-plan transfer within the company's Savings Excess Plan.

Summary

• Nicolas G. Schuck, a Corporate VP, Controller & CAO at Huntington Ingalls Industries, Inc. (HII), filed a Form 4.
• On March 1, 2024, Schuck sold 1,293 shares of common stock at $291.276 per share and 0.421 shares at $291.18 per share.
• Following these transactions, Schuck directly owns 2,250.148 shares of HII common stock.
• On February 29, 2024, Schuck engaged in an intra-plan transfer within the Huntington Ingalls Industries, Inc. Savings Excess Plan, involving 4,384.789 units of interest representing 469.65 shares of common stock at $67.969.
• After the transaction, Schuck holds 2,015.027 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.

Key Dates