Huntington Ingalls director granted 22.14 stock units
Huntington Ingalls Industries director Donald H. Kirkland received an automatic stock-based award tied to dividends.
Rhea-AI Filing Summary
Huntington Ingalls Industries director Donald H. Kirkland received an automatic stock-based award tied to dividends. On March 13, 2026, he acquired 22.14 director stock units (SUAs) under the company’s long-term incentive stock plans as dividend equivalents on his existing units.
Each SUA represents a right to receive one share of common stock, generally payable within 30 days after he ceases serving as a non-employee director. Following this credit, he directly holds 6,691.967 SUAs and 575 shares of Huntington Ingalls Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 22.14 shares
Grant/Award
2 txns
Insider
DONALD KIRKLAND H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 22.14 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 6,691.967 shares (Direct);
Common Stock — 575 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plan (together, the "LTISPs"), dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person following the payment of the Company's quarterly cash dividend. Each SUA represents a right to receive one share of Company common stock, which will generally become payable within 30 days following the date a non-employee director ceases to provide services as a member of the board of directors. The number of dividend equivalents acquired by the Reporting Person under the LTISPs is calculated by dividing the aggregate amount of the dividend paid on the total number of SUAs held by the Reporting Person by the closing price of a share of Company common stock on the dividend payment date.
FAQ
What insider transaction did HII director Donald H. Kirkland report on this Form 4?
Donald H. Kirkland reported acquiring 22.14 director stock units (SUAs) as a stock-based award. These units were credited as dividend equivalents under Huntington Ingalls Industries’ long-term incentive stock plans tied to the company’s quarterly cash dividend on his existing SUAs.
How many Huntington Ingalls (HII) stock units does Donald H. Kirkland hold after this transaction?
After the transaction, Donald H. Kirkland directly holds 6,691.967 director stock units (SUAs). Each SUA represents a right to receive one share of Huntington Ingalls Industries common stock, generally payable after he ceases serving as a non-employee director on the board.
What are SUAs in the Huntington Ingalls (HII) long-term incentive stock plans?
SUAs are director stock units granted under Huntington Ingalls Industries’ long-term incentive stock plans. Each SUA represents a right to receive one share of common stock, typically becoming payable within 30 days after a non-employee director stops serving on the company’s board.
How are dividend equivalents on SUAs calculated for Huntington Ingalls (HII) directors?
Dividend equivalents are calculated by dividing the aggregate dividend amount on all SUAs held by the director by the closing common stock price on the dividend payment date. The resulting value determines how many additional SUAs, like the 22.14 units here, are credited to the director.
What direct common stock holdings does HII director Donald H. Kirkland report?
In addition to his SUAs, Donald H. Kirkland reports direct ownership of 575 shares of Huntington Ingalls Industries common stock. This figure reflects his direct share position as listed in the Form 4 alongside the larger balance of director stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
