Form 4: Huntington Ingalls Industries Executive VP Jennifer R. Boykin Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Executive VP Jennifer R. Boykin reports the vesting of restricted stock rights and subsequent tax withholding, resulting in changes to her beneficial ownership of Huntington Ingalls Industries stock.

Summary

  • On February 26, 2025, Jennifer R. Boykin, Executive VP of Special Projects at Huntington Ingalls Industries, reported transactions involving common stock and restricted stock rights.
  • 404.985 shares of common stock were acquired through the vesting of restricted stock rights.
  • 182.649 shares were withheld by the issuer to cover withholding taxes related to the vested restricted stock.
  • Following these transactions, Boykin directly owns 15,863.124 shares of common stock.
  • She also holds 812.003 Restricted Stock Rights and an interest representing 6,545.0485 shares in the HII Stock Fund of the Huntington Ingalls Industries, Inc. Savings Excess Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, with no indication of unusual or concerning activity. The sentiment is neutral.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and their potential impact on the stock's performance.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
  • Employees participating in the Savings Excess Plan are indirectly affected by the changes in the HII Stock Fund.

Key Dates

DateDescription
02/26/2024RSRs were granted under the 2022 Long-Term Incentive Stock Plan
02/26/2025Date of stock transactions: vesting of restricted stock rights and tax withholding.
02/27/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Executive VP, Jennifer R. Boykin, Huntington Ingalls Industries, HII, Stock Transactions, Restricted Stock Rights, Tax Withholding

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