[Form 4] HUNTINGTON INGALLS INDUSTRIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
John K. Welch, a director of Huntington Ingalls Industries, Inc. (HII), reported a change in beneficial ownership on 09/12/2025. The Form 4 shows the acquisition of 35.786 director stock units (SUA) at a reported price of $0, reflecting credited dividend equivalents under the company’s 2012 and 2022 Long-Term Incentive Stock Plans. After the reported transaction the filing lists 7,317.774 SUAs beneficially owned. The form also records a disposition of 2,545 shares of common stock. The filing explains SUAs represent rights to one share each and are payable generally after a non-employee director ceases service; dividend equivalents are calculated by dividing the aggregate dividend amount by the closing stock price on the dividend payment date.
Positive
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Negative
- None.
Insights
TL;DR: Routine director dividend-equivalent crediting increased SUA holdings; no unusual trading or compensation change disclosed.
The Form 4 documents standard administration of director compensation under the LTISPs: dividend equivalents converted into additional SUAs rather than cash, indicated by the acquisition of 35.786 SUAs at a $0 price. This is an administrative, non-cash adjustment tied to the company’s regular dividend policy and long-term incentive plan design. The filing also notes a disposition of 2,545 common shares but provides no context for timing or reason. There are no indications of stock option exercises, derivative transactions, or material changes to director compensation terms in this filing.
TL;DR: Disclosure is consistent with Section 16 reporting for director awards; transaction appears procedural.
The report lists the reporting person, relationship as a director, and the 09/12/2025 transaction date. The acquisition of 35.786 SUAs at $0 is explicitly tied to dividend equivalents under the LTISPs. The form is signed by an attorney-in-fact and contains the required explanatory note on how dividend equivalents are calculated. From a compliance perspective, the filing meets Section 16 reporting requirements for a director receiving equity-credit adjustments; no compliance issues or material deviations are evident within the document itself.