Boudreaux Chad N. 4
Research Summary
AI-generated summary
Huntington Ingalls (HII) Chad Boudreaux Sells 4,400 Shares
What Happened
Chad N. Boudreaux, EVP & Chief Legal Officer of Huntington Ingalls Industries (HII), sold 4,400 shares on 2026-03-05. The weighted-average sale price was $422.45, for total proceeds of approximately $1,858,780. The Form 4 lists the transaction as a sale (code S) via open market or private sale.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (covers the 2026-03-05 transaction).
- Price: weighted average $422.45; price range reported in the filing was $422.09 (low) to $422.80 (high). (See footnote F1 for offer to provide per-price breakdown.)
- Shares sold: 4,400; proceeds: ~$1,858,780.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Transaction code: S (sale). No 10% owner status or special plan (e.g., 10b5-1) is indicated in the provided details.
Context
This was a straight sale of company stock by a senior executive. Sales are common for liquidity, tax, or portfolio-management reasons and do not necessarily signal a change in view on the company; purchases are typically more informative about insider conviction. The footnote on the filing (F1) gives the weighted-average price and notes the filer will provide a breakdown of shares sold at each price within the stated range upon request.