Green Edgar A III 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Exec Edgar A. Green III Receives 10.835-Share Award
What Happened
- Edgar A. Green III (Executive Vice President; President, HII Mission Technologies) was granted 10.835 restricted stock/dividend-equivalent rights on March 13, 2026. The reported acquisition price is $0.00 — this is a derivative award, not an open-market purchase or cash sale.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (filed timely).
- Transaction type/code: A — Grant/award/other acquisition (derivative).
- Amount acquired: 10.835 shares (reported as dividend equivalent rights); Price paid: $0.00.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: The units are Restricted Stock Rights (RSRs) granted under the 2022 Long‑Term Incentive Stock Plan. The 10.835 amount represents dividend-equivalent rights credited after the company’s quarterly cash dividend (calculated by dividing the dividend on the RSRs by the closing stock price on the dividend payment date).
Context
- This was a small dividend-equivalent credit tied to previously granted RSRs (a derivative award). Such credits are routine compensation plan mechanics and do not reflect an open-market buy or sell.