Blanchette Brian D. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Huntington Ingalls (HII) Exec Brian Blanchette Receives Award
What Happened Brian D. Blanchette, former Vice President and President of Ingalls Shipbuilding at Huntington Ingalls Industries (HII), was credited with 13.702 restricted stock rights (RSRs) on 2026-06-12. The award is reported as an acquisition (code A) at $0.00 and represents dividend-equivalent rights tied to previously granted RSRs rather than an open-market purchase of common stock.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (timely filing).
- Transaction type/code: Grant/acquisition (A) of 13.702 RSRs at $0.00 (derivative instrument).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1 — Each RSR is a contingent right to receive an equivalent number of common shares (or cash/combo) and vests in three equal annual installments under the 2022 LTISP.
- F2 — The 13.702 RSRs represent dividend-equivalent rights credited after the company’s quarterly cash dividend; the number is calculated by dividing the dividend on the RSRs by the stock’s closing price on the dividend payment date.
- Filing timeliness: Filed within the required SEC window (not marked late).
Context This was a dividend-equivalent credit on existing restricted stock rights (a routine compensation adjustment), not a cash purchase or sale. Dividend-equivalent awards increase the holder’s contingent rights under the long-term incentive plan but do not indicate an immediate acquisition of common shares for trading purposes.
Insider Transaction Report
- Award
Restricted Stock Rights
[F1][F2]2026-06-12+13.702→ 2,969.28 total→ Restricted Stock Rights (13.702 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.