Huntington Ingalls (HII) Ex‑VP & CLO Chad Boudreaux Receives Award

What Happened Chad N. Boudreaux, former Vice President and Chief Legal Officer of Huntington Ingalls Industries (HII), was credited with 17.651 restricted stock rights (derivative award) on September 11, 2026. The filing reports a $0.00 per‑share acquisition price because these are dividend equivalent rights tied to previously granted Restricted Stock Rights (RSRs), not an open‑market purchase.

Key Details

• Transaction date: 2026-09-11; Form 4 filed: 2026-09-14 (filed within the standard reporting window).
• Transaction type: Award/accrual of dividend equivalent rights (reported as code “A”); 17.651 RSRs credited. Reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: Each RSR is a contingent right to receive equivalent shares (or cash/combination) and vests in three equal annual installments under the 2022 LTISP.
  • F2: The 17.651 amount represents dividend equivalent rights credited after the company’s quarterly cash dividend; the number is calculated by dividing the dividend paid on the RSRs by the stock’s closing price on the dividend payment date.

Context This was a dividend‑equivalent credit to existing long‑term incentive awards, not a purchase or sale. Such credits are routine under equity compensation plans and reflect dividend accruals on unvested awards; they do not necessarily indicate a change in the insider’s market view.