Form 4: Huntington Ingalls Industries Executive VP Sells 1,500 Shares

Sentiment:

SEC Form 4


Edmond E. Hughes, Jr., Ex VP & Chief HR Officer of Huntington Ingalls Industries, sold 1,500 shares of common stock on May 20, 2024.

Summary

  • Edmond E. Hughes, Jr., an Ex VP & Chief HR Officer at Huntington Ingalls Industries, Inc. (HII), reported a transaction involving the company's common stock.
  • On May 20, 2024, Hughes sold 1,500 shares of HII common stock at a price of $256.068 per share.
  • Following the transaction, Hughes directly owns 8,134.787 shares of HII common stock.
  • Hughes also indirectly owns 35.83 shares through a 401(k) plan.
  • Additionally, Hughes holds a derivative security related to common stock, with 2.14 units representing 9.1964 shares through the Savings Excess Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates

DateDescription
05/20/2024Date of the stock sale transaction.
05/21/2024Date of signature for the Form 4 filing.

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