Hughes Edmond E. Jr. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
HII Ex‑VP Edmond Hughes Receives Restricted Stock Dividend Award
What Happened
Edmond E. Hughes Jr., a former Vice President and Chief Human Resources Officer of Huntington Ingalls Industries (HII), was credited with 7.322 restricted stock rights (dividend‑equivalent RSRs) on March 13, 2026. The Form 4 reports this as an award/acquisition (code A) of 7.322 shares at $0.00 (derivative instrument); the filing lists no cash paid for this credit.
Key Details
- Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16). Filing appears timely relative to the transaction date.
- Transaction type/code: Grant/award (A) of derivative securities (Restricted Stock Rights / dividend equivalents).
- Amount acquired: 7.322 RSRs; reported acquisition price: $0.00 (total value shown as $0 in the filing).
- Shares owned after transaction: Not specified in the filing.
- Footnotes summary:
- The RSRs are contingent rights to receive equivalent common shares (or cash, or a mix) under the 2022 Long‑Term Incentive Stock Plan.
- The 7.322 amount represents dividend equivalent rights credited after the company’s quarterly cash dividend; the number was calculated by dividing the aggregate dividend paid on the holder’s RSRs by the closing stock price on the dividend payment date.
Context
This was not a cash purchase or sale of stock but a credit of dividend‑equivalent rights tied to existing restricted stock rights. Such credits are routine plan‑administration events and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Rights
[F1][F2]2026-03-13+7.322→ 2,213.169 total→ Common Stock (7.322 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Company common stock, or, at the discretion of the Company's Compensation Committee, cash or a combination of cash and Company common stock. The RSRs were granted under the 2022 Long-Term Incentive Stock Plan ("LTISP").
- [F2]The amount acquired represents dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of dividend equivalent rights acquired is calculated by dividing the aggregate amount of the dividend paid on the total number of RSRs held by the reporting person by the closing price of a share of Company common stock on the dividend payment date.