Huntington Ingalls (NYSE: HII) director granted 123 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Ingalls Industries director Frank R. Jimenez received an equity award rather than buying shares on the market. He acquired 123 shares of common stock in the form of stock units valued at $393.32 per share, granted under the company’s 2022 Long-Term Incentive Stock Plan.
The footnote explains these shares were deferred into a stock unit account in an exempt transaction under Rule 16b-3, indicating a standard compensation-related award. After the grant, his directly held and deferred common stock holdings reported in this filing total several thousand shares, including 3,273.911 shares tied to the stock unit award line and a separate 550-share direct holding entry.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jimenez Frank R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 123 | $393.32 | $48K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 3,273.911 shares (Direct);
Common Stock — 550 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock units granted: 123 shares
Grant reference price: $393.32 per share
Shares following award (units line): 3,273.911 shares
+1 more
4 metrics
Stock units granted
123 shares
Common Stock (SUA) award on April 1, 2026
Grant reference price
$393.32 per share
Valuation used for stock unit award
Shares following award (units line)
3,273.911 shares
Total common stock reported on stock unit entry after transaction
Separate direct holding
550 shares
Common Stock holding entry reported as of the same date
Key Terms
stock unit account, 2022 Long-Term Incentive Stock Plan, Rule 16b-3
3 terms
stock unit account financial
"Shares of common stock deferred into stock unit account pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan"
2022 Long-Term Incentive Stock Plan financial
"pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan in an exempt transaction"
Rule 16b-3 regulatory
"in an exempt transaction pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider transaction did HII director Frank R. Jimenez report on this Form 4?
Frank R. Jimenez reported receiving 123 shares of Huntington Ingalls Industries common stock as a stock unit award. The award was granted under the 2022 Long-Term Incentive Stock Plan and reflects compensation, not an open-market stock purchase or sale.
At what price were the HII stock units granted to Frank R. Jimenez valued?
The 123 stock units for Frank R. Jimenez were valued at $393.32 per share. This valuation reflects the reference price used for the equity award under Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan, rather than a cash transaction in the open market.
Was the HII equity award to Frank R. Jimenez an open-market purchase or an exempt transaction?
The equity award was an exempt transaction under SEC Rule 16b-3. The footnote states that common stock was deferred into a stock unit account pursuant to Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan, indicating routine director compensation instead of an open-market trade.
What does the stock unit account mentioned in Frank R. Jimenez’s HII filing represent?
The stock unit account represents deferred common stock units granted under the 2022 Long-Term Incentive Stock Plan. These units track the value of Huntington Ingalls Industries shares for compensation purposes and are recorded as equity awards, not immediate cash purchases or sales of stock.