HII director granted 106.926 stock units
Huntington Ingalls Industries director Thomas C. Schievelbein reported a routine equity award tied to dividends.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Huntington Ingalls Industries director Thomas C. Schievelbein reported a routine equity award tied to dividends. He acquired 106.926 director stock units (SUA) of common stock at a stated price of $0.0000 per unit under the company’s long-term incentive stock plans as dividend equivalents.
Each SUA represents a right to receive one share of common stock, generally payable within 30 days after a non-employee director leaves the board. Following this credit, he directly holds 23,171.942 SUAs and 7,967.365 shares of common stock.
Insider Trade Summary
Grant/Award: 106.926 shares
Grant/Award
2 txns
Insider
SCHIEVELBEIN THOMAS C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 106.926 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 23,171.942 shares (Direct);
Common Stock — 7,967.365 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
SUA grant: 106.926 units
SUA holdings after transaction: 23,171.942 units
Common stock holdings: 7,967.365 shares
+1 more
4 metrics
SUA grant
106.926 units
Director stock units credited as dividend equivalents on 2026-06-12
SUA holdings after transaction
23,171.942 units
Director stock units held directly after 2026-06-12 award
Common stock holdings
7,967.365 shares
Common stock directly held following reported holdings entry
Grant price per SUA
$0.0000 per unit
Stated price for 106.926 SUAs credited as dividend equivalents
Key Terms
Long-Term Incentive Stock Plan, dividend equivalents, director stock unit ("SUA"), non-employee director
4 terms
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.
dividend equivalents financial
"dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person"
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 by the Reporting Person"
non-employee director financial
"payable within 30 days following the date a non-employee director ceases to provide services"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HII director Thomas C. Schievelbein report on this Form 4?
Thomas C. Schievelbein reported receiving 106.926 director stock units (SUA) of Huntington Ingalls Industries common stock. These were credited as dividend equivalents under the company’s long-term incentive stock plans and cost him $0.0000 per unit.
How many Huntington Ingalls (HII) SUAs does Thomas C. Schievelbein hold after this filing?
After the reported transaction, Thomas C. Schievelbein directly holds 23,171.942 director stock units (SUA). Each SUA represents a right to receive one share of Huntington Ingalls Industries common stock when his board service as a non-employee director ends.
What are SUAs in the Huntington Ingalls (HII) long-term incentive plans?
SUAs are director stock units granted under Huntington Ingalls’ long-term incentive stock plans. Each SUA represents a right to receive one share of common stock, generally within 30 days after a non-employee director ceases serving on the company’s board.
How are dividend equivalents credited to SUAs for Huntington Ingalls (HII) directors?
Dividend equivalents are credited on each SUA after Huntington Ingalls pays its quarterly cash dividend. The number credited equals the total dividend on all SUAs divided by the closing common stock price on the dividend payment date, increasing the director’s SUA balance.
Does Thomas C. Schievelbein hold Huntington Ingalls (HII) common stock directly?
Yes. The Form 4 shows Thomas C. Schievelbein directly holding 7,967.365 shares of Huntington Ingalls Industries common stock. This position is separate from his 23,171.942 director stock units (SUAs), which will convert into shares when his board service ends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates