Hughes Edmond E. Jr. 4

What Happened
Edmond E. Hughes Jr., a former Vice President and Chief Human Resources Officer of Huntington Ingalls Industries (HII), was credited with 7.322 restricted stock rights (dividend‑equivalent RSRs) on March 13, 2026. The Form 4 reports this as an award/acquisition (code A) of 7.322 shares at $0.00 (derivative instrument); the filing lists no cash paid for this credit.

Key Details

• Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16). Filing appears timely relative to the transaction date.
• Transaction type/code: Grant/award (A) of derivative securities (Restricted Stock Rights / dividend equivalents).
• Amount acquired: 7.322 RSRs; reported acquisition price: $0.00 (total value shown as $0 in the filing).
• Shares owned after transaction: Not specified in the filing.
• Footnotes summary:
  • The RSRs are contingent rights to receive equivalent common shares (or cash, or a mix) under the 2022 Long‑Term Incentive Stock Plan.
  • The 7.322 amount represents dividend equivalent rights credited after the company’s quarterly cash dividend; the number was calculated by dividing the aggregate dividend paid on the holder’s RSRs by the closing stock price on the dividend payment date.

Context
This was not a cash purchase or sale of stock but a credit of dividend‑equivalent rights tied to existing restricted stock rights. Such credits are routine plan‑administration events and do not by themselves indicate insider buying or selling sentiment.