HII director adds 34.64 stock units via dividends
HUNTINGTON INGALLS INDUSTRIES, INC.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that director Donald H. Kirkland acquired 34.64 director stock units (SUAs) of common stock on September 11, 2026 as a grant/award under the company’s Long-Term Incentive Stock Plans through credited dividend equivalents. Following this award, he holds 7,055.202 SUAs directly, each representing a right to receive one share of common stock, generally payable within 30 days after he ceases serving as a non-employee director. A separate holding line shows 575 shares of common stock held directly.
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Insider Trade Summary
Grant/Award: 34.64 shares
Grant/Award
2 txns
Insider
DONALD KIRKLAND H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) F1 | 34.64 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 7,055.202 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.
Key Figures
SUAs acquired: 34.64 units
Total SUAs held after transaction: 7,055.202 units
Common stock directly held: 575 shares
+2 more
5 metrics
SUAs acquired
34.64 units
Director stock units credited as dividend equivalents on September 11, 2026
Total SUAs held after transaction
7,055.202 units
Director stock units held directly by Donald H. Kirkland after the award
Common stock directly held
575 shares
Direct holding of HII common stock reported for Donald H. Kirkland
Transaction price per SUA
$0.00 per unit
Grant/award acquisition of 34.64 SUAs under incentive plan
Dividend-equivalent credit timing
Quarterly
Dividend equivalents credited following each quarterly cash dividend payment
Key Terms
dividend equivalents, director stock unit ("SUA"), Long-Term Incentive Stock Plan
3 terms
dividend equivalents financial
"dividend equivalents are credited on each director stock unit ("SUA") held"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
director stock unit ("SUA") financial
"dividend equivalents are credited on each director stock unit ("SUA") held"
Long-Term Incentive Stock Plan financial
"Pursuant to the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plan"
A long-term incentive stock plan is a company program that pays key employees and executives with company shares or stock-based awards that become theirs only after meeting performance goals or staying with the company for several years. Think of it as a delayed bonus paid in stock that ties pay to future results; investors watch these plans because they influence executive behavior, can dilute existing shares, and affect reported costs and long-term shareholder value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII report for director Donald H. Kirkland?
HII reported that director Donald H. Kirkland acquired 34.64 director stock units (SUAs) of common stock on September 11, 2026 as a grant or award under the company’s Long-Term Incentive Stock Plans through credited dividend equivalents.
How many HII director stock units (SUAs) does Donald H. Kirkland hold after this transaction?
After the September 11, 2026 grant, Donald H. Kirkland directly holds 7,055.202 SUAs. Each SUA represents a right to receive one share of Huntington Ingalls Industries common stock, generally payable after he ceases service as a non-employee director.
What are SUAs and dividend equivalents in the context of HII’s filing?
Under HII’s Long-Term Incentive Stock Plans, each SUA is a director stock unit representing a right to one share of common stock. Dividend equivalents are credited on each SUA after the company pays its quarterly cash dividend, based on the aggregate dividend divided by the stock’s closing price.
Does HII’s director transaction involve a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this filing, and the footnote describes the transaction as dividend-equivalent credits under HII’s Long-Term Incentive Stock Plans, not as trades under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
