Chewning Eric D. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Jul 12, 2024
Insider Transaction Report
Form 4
Chewning Eric D.
EVP, Maritime Sys & Corp STR
Transactions
- Award
Restricted Stock Rights
2024-02-26+884→ 884 total→ Common Stock (884 underlying) - Award
Restricted Stock Rights
2024-06-14+4.819→ 888.819 total→ Common Stock (4.818 underlying)
Holdings
- 0
Common Stock
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") 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.