Kastner Christopher D 4

What Happened

• Christopher D. Kastner, President & CEO and Director of Huntington Ingalls Industries (HII), was granted 86.003 Restricted Stock Rights (RSRs) on 2026-06-12. The filing reports an acquisition price of $0.00 because these are derivative awards (dividend equivalent rights credited on existing RSRs), not a cash purchase.
• The RSRs are contingent rights to receive equivalent shares (or cash/combination at the Committee’s discretion). The award itself shows no immediate cash value on the Form 4.

Key Details

• Transaction date: 2026-06-12; Filing date: 2026-06-15 (timely).
• Reported amount: 86.003 RSRs acquired; price reported $0.00 (derivative award).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 — RSRs vest ratably in three equal installments on each of the first three anniversaries of the grant. F2 — the 86.003 figure represents dividend equivalent rights credited after the company’s quarterly cash dividend; calculated by dividing the dividend amount by the stock closing price on the dividend payment date.
• Filing timeliness: No late filing indicated.

Context

• This was an award/dividend-equivalent credit tied to existing long-term incentive awards under HII’s 2022 LTISP, not an open-market buy or sale. Such grants are typically part of executive compensation and vest over time; they are routine and should not be read as an immediate buy or sell signal.