Edgar A. Green III - Mar 1, 2024 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Signature
/s/ Kathy S. Owen by Power of Attorney from Edgar A. Green III
Stock symbol
HII
Transactions as of
Mar 1, 2024
Transactions value $
-$1,047,572
Form type
4
Date filed
3/4/2024, 07:12 PM
Previous filing
Feb 28, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HII Common Stock Sale -$1.05M -3.6K -32.57% $290.75 7.46K Mar 1, 2024 Direct F1
holding HII Common Stock 2.01K Mar 1, 2024 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HII SEP 8.99K Mar 1, 2024 Coomon Stock 2.1K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2023.
F2 The reporting person's interest in the HII Stock Fund of the Huntington Ingalls Industries, Inc. Savings Excess Plan (the "Plan") is held in the form of units of interest. The Plan's administrator calculates the number of shares of issuer common stock represented by units in the HII Stock Fund.