Boudreaux Chad N. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Huntington Ingalls (HII) Ex-CLO Chad Boudreaux Receives Award
What Happened
- Chad N. Boudreaux, former Vice President & Chief Legal Officer of Huntington Ingalls Industries (HII), was credited with 16.507 restricted stock rights (derivative awards) on June 12, 2026. The reported price is $0.00 and the transaction is reported as an award/grant of derivative rights (no cash changed hands).
Key Details
- Transaction date: 2026-06-12; Filing date: 2026-06-15 (filed three days after the transaction; Form 4s are normally due within two business days).
- Transaction type/code: A — Award/Grant of derivative securities.
- Amount: 16.507 Restricted Stock Rights (RSRs) credited; reported price $0.00; aggregate dollar value reported as $0.
- Shares owned after transaction: Not reported in this filing.
- Footnotes: See notes F1 and F2 below for how these RSRs and dividend-equivalent rights work.
Context
- These are derivative awards (Restricted Stock Rights) rather than an open-market purchase or sale. Per the filing, each RSR is a contingent right to receive a matching number of HII shares (or cash or a mix) and vests in three equal annual installments under the 2022 Long-Term Incentive Stock Plan.
- The 16.507 amount represents dividend-equivalent rights credited after the company’s quarterly cash dividend; the number credited is calculated by dividing the total dividend paid on the RSRs by the closing share price on the dividend payment date — hence the $0.00 per-share price reported.
Footnotes (from filing)
- F1: RSRs = contingent right to receive equivalent common shares (or cash/combination) and vest ratably over three years under the 2022 LTISP.
- F2: Amount acquired represents dividend equivalent rights credited after the quarterly dividend; number is computed by dividing dividend aggregate by closing stock price on the dividend date.
Insider Transaction Report
Form 4
Boudreaux Chad N.
Ex VP & Chief Legal Officer
Transactions
- Award
Restricted Stock Rights
[F1][F2]2026-06-12+16.507→ 3,577.22 total→ Common Stock (16.507 underlying)
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") and vest ratably in three equal installments upon each of the first, second and third anniversaries of the grant date.
- [F2]The amount acquired represents dividend equivalent rights on the RSRs, which are credited following payment of the Company's quarterly cash dividend. Pursuant to the LTISP, the number of dividend equivalent rights 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.
Signature
/s/ Tiffany M. King, Attorney-in-Fact|2026-06-15