HII director adds 115 stock units from dividends
HII director Thomas C. Schievelbein received additional stock unit equivalents via dividend credits, modestly increasing his equity-based holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that director Thomas C. Schievelbein acquired 115.189 SUA-based common stock units on September 11, 2026. These arose as dividend equivalents credited under the company’s 2012 and 2022 Long-Term Incentive Stock Plans. After this credit, he holds 23,461.131 SUAs directly and a separate direct holding of 7,967.365 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 115.189 shares
Grant/Award
2 txns
Insider
SCHIEVELBEIN THOMAS C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) F1 | 115.189 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 23,461.131 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
SUAs acquired: 115.189 SUAs
Total SUAs after transaction: 23,461.131 SUAs
Common shares held: 7,967.365 shares
+1 more
4 metrics
SUAs acquired
115.189 SUAs
Dividend equivalent credit on September 11, 2026
Total SUAs after transaction
23,461.131 SUAs
Director stock units held directly by Thomas C. Schievelbein
Common shares held
7,967.365 shares
Direct holding of HII common stock reported as of September 11, 2026
Transaction price per SUA
$0.0000 per unit
Grant/award acquisition of dividend-equivalent SUAs
Key Terms
dividend equivalents, director stock unit ("SUA"), Long-Term Incentive Stock Plan
3 terms
dividend equivalents financial
"dividend equivalents are credited on each director stock unit ("SUA")"
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
"credited on each director stock unit ("SUA") held by the Reporting Person"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII director Thomas C. Schievelbein report?
He acquired 115.189 director stock units (SUAs) of Huntington Ingalls Industries, Inc. common stock on September 11, 2026, as dividend equivalents credited under the company’s long-term incentive stock plans.
How many SUAs does HII director Schievelbein hold after this transaction?
Following the September 11, 2026 transaction, Thomas C. Schievelbein directly holds 23,461.131 SUAs, each representing a right to receive one share of Huntington Ingalls Industries, Inc. common stock in the future.
What are SUAs in the context of HII’s filing for Thomas C. Schievelbein?
Each SUA is a director stock unit representing the right to receive one share of HII common stock, generally payable within 30 days after a non-employee director ceases to serve on the board.
How were the 115.189 SUAs for HII director Schievelbein calculated?
The 115.189 SUAs were calculated by dividing the aggregate cash dividend paid on all SUAs held by Schievelbein by the closing price of HII common stock on the dividend payment date, as specified in the long-term incentive stock plans.
Was Schievelbein’s HII transaction under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and the footnote describes the acquisition as automatic dividend equivalents under HII’s long-term incentive stock plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.