Form 4: Huntington Ingalls Industries Executive Reports Stock Transactions
SEC Form 4 Filing
Stewart H. Holmes, an Executive Vice President at Huntington Ingalls Industries, reported the vesting and subsequent tax withholding of shares on February 26, 2025.
Summary
- On February 26, 2025, Stewart H. Holmes, an Executive Vice President at Huntington Ingalls Industries, reported transactions involving common stock and restricted stock rights.
- 299.159 shares of common stock were acquired through the vesting of restricted stock rights.
- 138.511 shares were withheld by the issuer to cover withholding taxes related to the vested restricted stock.
- The price per share for the tax withholding was $173.19.
- Following these transactions, Holmes directly owns 6,876.982 shares of common stock and 2,110.354 restricted stock rights.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance or outlook.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Executive stock transactions are a common occurrence in publicly traded companies like Huntington Ingalls Industries.
- Similar filings are regularly made by executives at companies such as Lockheed Martin (LMT), General Dynamics (GD), and Boeing (BA), reflecting their individual investment decisions and compensation structures.
- The reporting requirements are standardized by the SEC, ensuring transparency across the industry.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation mechanisms and tax obligations.
- The disclosure provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | RSRs were granted under the 2022 Long-Term Incentive Stock Plan |
| 02/26/2025 | Date of the reported transactions: vesting of restricted stock rights and tax withholding. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Huntington Ingalls Industries, HII, Stewart H. Holmes, Executive Vice President, Stock Transactions, Restricted Stock Rights, Beneficial Ownership
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