Huntington Ingalls director granted 31.6 SUAs
DONALD KIRKLAND H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DONALD KIRKLAND H reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director H. Donald Kirkland was credited with 31.595 director stock units ("SUAs") of common stock on June 12, 2026. These were issued as dividend equivalents under the company’s 2012 and 2022 Long‑Term Incentive Stock Plans.
Each SUA represents the right to receive one share of common stock, generally payable within 30 days after a non‑employee director leaves the board. Following this award, Kirkland directly holds 6,846.562 SUAs and 575 shares of common stock, reflecting routine, compensation-related accruals rather than open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 31.595 shares
Grant/Award
2 txns
Insider
DONALD KIRKLAND H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 31.595 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 6,846.562 shares (Direct);
Common Stock — 575 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: 31.595 SUAs
SUAs held after transaction: 6,846.562 SUAs
Common shares held: 575 shares
+1 more
4 metrics
SUAs granted
31.595 SUAs
Dividend equivalent credit on June 12, 2026
SUAs held after transaction
6,846.562 SUAs
Total director stock units following June 12, 2026 award
Common shares held
575 shares
Direct common stock holdings reported as of June 12, 2026
Price per SUA in transaction table
$0.0000 per unit
Grant recorded with no cash price, as a stock award
Key Terms
dividend equivalents, director stock unit ("SUA"), Long-Term Incentive Stock Plan, non-employee director
4 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
"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.
non-employee director financial
"following the date a non-employee director ceases to provide services"
FAQ
What did H. Donald Kirkland acquire in Huntington Ingalls (HII) on June 12, 2026?
He was credited with 31.595 director stock units (SUAs) of Huntington Ingalls common stock as dividend equivalents. These units arise from the company’s cash dividend under its Long‑Term Incentive Stock Plans, not from open‑market share purchases.
How many SUAs does H. Donald Kirkland hold after this Form 4 for HII?
After the transaction, H. Donald Kirkland directly holds 6,846.562 SUAs. These director stock units each represent a right to receive one share of common stock, generally delivered after he ceases serving as a non‑employee director.
What are SUAs in the Huntington Ingalls (HII) long-term incentive plans?
SUAs are director stock units where each unit represents the right to receive one share of common stock. Under the 2012 and 2022 Long‑Term Incentive Stock Plans, dividend equivalents are credited in SUAs when the company pays its quarterly cash dividend.
AI-generated analysis. How Rhea-AI works. Not financial advice.
