Huntington Ingalls (NYSE: HII) director granted 123 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Faller Craig S. reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director Craig S. Faller received a stock award of 123 common stock units, valued at $393.32 per unit. The award was granted as compensation, not an open-market purchase, under the company’s 2022 Long-Term Incentive Stock Plan.
These shares were deferred into a stock unit account in an exempt transaction pursuant to Rule 16b-3. Following the grant, Faller directly holds a total of 1,864.63 shares of Huntington Ingalls Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Faller Craig S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 123 | $393.32 | $48K |
Holdings After Transaction:
Common Stock (SUA) — 1,864.63 shares (Direct)
Footnotes (1)
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Key Figures
Stock units granted: 123 shares
Grant value per share: $393.32 per share
Shares held after transaction: 1,864.63 shares
3 metrics
Stock units granted
123 shares
Common Stock (SUA) grant to director Craig S. Faller
Grant value per share
$393.32 per share
Value used for the April 1, 2026 stock unit award
Shares held after transaction
1,864.63 shares
Direct ownership by Craig S. Faller following the grant
Key Terms
stock unit account, 2022 Long-Term Incentive Stock Plan, Rule 16b-3, grant, award, or other acquisition
4 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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did HII director Craig S. Faller report in this Form 4 filing?
Craig S. Faller reported receiving 123 common stock units of Huntington Ingalls Industries as a grant. The units were awarded under the company’s 2022 Long-Term Incentive Stock Plan and represent compensation rather than an open-market stock purchase.
What is the value of the stock award reported by HII director Craig S. Faller?
The stock award to Craig S. Faller was priced at $393.32 per Huntington Ingalls Industries share. With 123 stock units granted, the filing records the per-share value used for this compensation grant under the company’s 2022 Long-Term Incentive Stock Plan.
Was Craig S. Faller’s HII stock award an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market stock purchase. The Form 4 classifies it as a grant or award acquisition, with shares deferred into a stock unit account under Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan.
How were Craig S. Faller’s HII stock units treated under securities rules?
The stock units were deferred into a stock unit account in an exempt transaction under Rule 16b-3. This rule provides an exemption for certain insider transactions that are part of approved compensation plans, such as Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan.