Nicolas G. Schuck - Feb 26, 2024 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Role
Corp VP, Controller & CAO
Signature
/s/ Kathy S. Owen by Power of Attorney from Nicoas G. Schuck
Stock symbol
HII
Transactions as of
Feb 26, 2024
Transactions value $
$0
Form type
4
Date filed
7/12/2024, 05:13 PM
Previous filing
Aug 16, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HII Common Stock 2.26K 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 +442 $0.00 442 Feb 26, 2024 Common Stock 442 Direct F1
transaction HII Restricted Stock Rights Award $0 +2.41 +0.55% $0.00 444 Jun 14, 2024 Common Stock 2.41 Direct F1, F3
holding HII SEP 2.03K Feb 26, 2024 Common Stock 472 Direct 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 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") 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 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.
F3 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.