Huntington Ingalls EVP Sells $736K in Stock

Eric Chewning reduces stake in defense contractor by nearly half

Mar. 5, 2026 at 11:07pm

Eric Chewning, an executive vice president at Huntington Ingalls Industries (NYSE: HII), sold 1,700 shares of the company's stock for a total transaction value of $736,848. This sale represents a 46.59% decrease in Chewning's ownership stake in the defense contractor, which designs, constructs, and maintains nuclear-powered aircraft carriers, submarines, and other complex vessels for the U.S. Navy.

Why it matters

Insider transactions, especially large sales by executives, can provide insights into a company's outlook and performance. Chewning's sale may signal his personal financial planning or a belief that Huntington Ingalls' stock price has reached an attractive level for him to reduce his holdings.

The details

Chewning sold the 1,700 shares at an average price of $433.44 on March 4, 2026. Following the transaction, he now directly owns 1,949 shares in the company, valued at $844,774.56. The sale was disclosed in a filing with the U.S. Securities and Exchange Commission.

  • The stock sale occurred on March 4, 2026.

The players

Eric Chewning

An executive vice president at Huntington Ingalls Industries, a major U.S. defense contractor.

Huntington Ingalls Industries

An American military shipbuilding company and a leading provider of professional services to the U.S. government, headquartered in Newport News, Virginia.

Got photos? Submit your photos here. ›

The takeaway

Chewning's sale of over $700,000 worth of Huntington Ingalls stock suggests he may be taking some profits or rebalancing his personal portfolio, though the company's overall outlook remains positive based on its backlog of Navy contracts and recent financial performance.