Form 4: Huntington Ingalls Industries Executive Wyatt D.R. Reports Stock Transactions

Corporate VP & Treasurer Wyatt D.R. of Huntington Ingalls Industries reports acquisition and disposal of common stock related to dividend payments and tax withholding.

Summary

• On March 8, 2024, Wyatt D.R., Corporate VP & Treasurer of Huntington Ingalls Industries, Inc. (HII), reported transactions involving HII common stock.
• Wyatt acquired 13.544 shares of common stock at a price of $293.32 due to a cash dividend payment of $1.30 per share, which was deferred into a stock unit account under the company's 2012 Long-Term Incentive Stock Plan.
• Wyatt disposed of 4.077 shares of common stock at $293.32 for tax withholding.
• Following these transactions, Wyatt directly owns 20,326.508 shares of HII common stock and indirectly owns 1,476.53 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to dividend payments and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares through dividend reinvestment indicates confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to routine dividend payments and tax obligations of an executive.

Key Dates