Todd A. Borkey - Feb 26, 2024 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Role: Ex VP & Chief Technology Offic
Signature: /s/ Kathy S. Owen by Power of Atttorney from Todd A. Borkey
Stock symbol: HII
Transactions as of: Feb 26, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/12/2024, 04:22 PM
Previous filing: Dec 12, 2023
Next filing: Mar 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HII	Common Stock						5.48K	Feb 26, 2024	Direct

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
transaction	HII	Restricted Stock Rights	Award	$0	+884		$0.00	884	Feb 26, 2024	Common Stock	884		Direct	F1
transaction	HII	Restricted Stock Rights	Award	$0	+4.82	+0.55%	$0.00	889	Jun 14, 2024	Common Stock	4.82		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Issuer 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") on 2/26/24 and vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.
F2	The RSRs acquired represent dividend equivalent rights credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of RSRs 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.

Content

Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Issuer 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") on 2/26/24 and vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.

The RSRs acquired represent dividend equivalent rights credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of RSRs 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.