HII director awarded 15.179 stock units
Huntington Ingalls Industries director Frank R. Jimenez reported a routine equity award tied to dividends rather than a market trade.
Rhea-AI Filing Summary
Huntington Ingalls Industries director Frank R. Jimenez reported a routine equity award tied to dividends rather than a market trade. He received 15.179 Common Stock director stock units (SUAs) on 2026-06-12 as a grant or award with a stated price of $0.0000 per unit.
These SUAs were credited under the company’s 2012 and 2022 Long-Term Incentive Stock Plans as dividend equivalents on his existing director stock units. After this award, he holds 3,289.09 SUAs and 550 shares of common stock directly. Each SUA generally converts into one share of common stock after he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 15.179 shares
Grant/Award
2 txns
Insider
Jimenez Frank R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 15.179 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 3,289.09 shares (Direct);
Common Stock — 550 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 granted: 15.179 units
Award price per SUA: $0.0000 per unit
SUAs after transaction: 3,289.09 units
+1 more
4 metrics
SUAs granted
15.179 units
Dividend-equivalent award on 2026-06-12
Award price per SUA
$0.0000 per unit
Grant classified as compensation, not a market trade
SUAs after transaction
3,289.09 units
Total director stock units held by Jimenez after award
Common shares held
550 shares
Direct common stock holding reported as of 2026-06-12
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 (together, the "LTISPs")"
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
"become payable within 30 days following the date a non-employee director ceases to provide services"
FAQ
What insider activity did HII director Frank R. Jimenez report on this Form 4?
Frank R. Jimenez reported receiving 15.179 Common Stock director stock units (SUAs) as an equity award. These units were credited as dividend equivalents under Huntington Ingalls Industries’ long-term incentive stock plans, rather than reflecting an open-market purchase or sale of shares.
How many Huntington Ingalls (HII) stock units does Frank R. Jimenez hold after this transaction?
After the reported award, Frank R. Jimenez holds 3,289.09 Common Stock director stock units (SUAs). He also directly holds 550 shares of Huntington Ingalls Industries common stock, according to the Form 4, giving context to his total reported equity position with the company.
What do SUAs represent for Huntington Ingalls (HII) directors like Frank R. Jimenez?
Each SUA represents a right to receive one share of Huntington Ingalls Industries common stock. For non-employee directors, these SUAs generally become payable within 30 days after they cease serving on the board, aligning director compensation with long-term shareholder interests.
How were the 15.179 SUAs for HII director Jimenez calculated?
The 15.179 SUAs were calculated as dividend equivalents under the long-term incentive plans. The aggregate cash dividend on all SUAs held by Jimenez was divided by the closing price of Huntington Ingalls common stock on the dividend payment date to determine the new units.
Does this HII Form 4 show any open-market buying or selling by Frank R. Jimenez?
The Form 4 does not show any open-market buying or selling by Frank R. Jimenez. It reports a grant classified as a dividend-equivalent award of 15.179 SUAs and a separate entry updating his direct holding of 550 common shares as of the same date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
