Form 4: Huntington Ingalls Industries Executive Reports Stock Transactions
SEC Form 4 Filing
Christopher W. Soong, Ex VP & CIO of Huntington Ingalls Industries, reports acquisition and disposal of company stock on February 26, 2024.
Summary
- Christopher W. Soong, former Executive Vice President & CIO of Huntington Ingalls Industries, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 26, 2024, Soong acquired 1,440 shares of common stock at a price of $288.33 per share due to the vesting of restricted stock units.
- On the same day, 670.649 shares were withheld by the issuer to cover withholding taxes related to the vested restricted stock.
- Following these transactions, Soong directly owns 1,892.672 shares of Huntington Ingalls Industries common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates transactions related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock acquisition and disposal. |
| 02/28/2024 | Date of Form 4 filing. |
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