Form 4: Huntington Ingalls Industries Executive VP Chad N. Boudreaux Reports Stock Transactions
SEC Form 4 Filing
Executive VP & Chief Legal Officer Chad N. Boudreaux reports stock transactions including vesting of restricted stock and tax withholding.
Summary
- Chad N. Boudreaux, Executive VP & Chief Legal Officer of Huntington Ingalls Industries, reported transactions involving company stock on February 26, 2025.
- These transactions include the vesting of 404.985 Restricted Stock Rights (RSRs) which converted into common stock.
- The company withheld 182.649 shares for payment of withholding taxes related to the vested restricted stock at a price of $173.19.
- Following these transactions, Boudreaux directly owns 23,193.212 shares of common stock and indirectly owns 1,228.07 shares through a 401(k) plan.
- He also holds 3,744.003 Restricted Stock Rights and 3,961.4461 shares through the Savings Excess Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It's a factual report.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership and compensation.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | RSRs were granted under the 2022 Long-Term Incentive Stock Plan |
| 02/26/2025 | Date of stock transactions including vesting of restricted stock and tax withholding. |
| 02/27/2025 | Date of signature for the Form 4 filing. |
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