Wilkinson Kara R. 4

What Happened

• Kara R. Wilkinson, Executive Vice President and President of Newport News Shipbuilding (NNS) at Huntington Ingalls (HII), had 414.933 Restricted Stock Rights (RSRs) convert to common shares on 2026-02-26. The conversion was valued at $443.00 per share for a total of $183,815. To satisfy withholding taxes on the vesting, 187.135 shares were withheld (disposed) at the same per-share value ($82,901), leaving a net delivery of 227.798 shares (net value ≈ $100,914).
• Transaction codes: M = exercise/conversion of a derivative (the RSRs converted to shares); F = shares withheld to pay tax withholding. This reflects a routine vesting/conversion and tax withholding, not an open-market sale or a separate cash purchase.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 reporting these transactions.
• Prices and values: 414.933 shares @ $443.00 = $183,815 (acquired); 187.135 shares withheld @ $443.00 = $82,901 (disposed). Net shares received: 227.798 (~$100,914).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — shares withheld by issuer to cover withholding taxes on RSRs that vested 2/26/26. F2 — RSRs were granted 2/26/24 under the 2022 LTISP and vest in three equal annual installments (this was the second installment).
• No indication in the excerpt of a 10b5-1 plan or that the filing was late.

Context

• These entries represent vesting/conversion of restricted stock rights and routine tax-withholding (a form of cashless settlement). Withholding to cover taxes is common and does not indicate an open-market sale by the insider.
• For retail investors: this is compensation vesting, not an independent buy/sell signal. Purchases are generally more informative; this filing documents a company-paid compensation event with standard tax withholding.