[Form 4] HUNTINGTON INGALLS INDUSTRIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
Collins Augustus L, a director of Huntington Ingalls Industries, Inc. (HII), reported an acquisition on 09/12/2025 of 50.645 director stock units (SUAs) credited as dividend equivalents under the companys 2012 and 2022 Long-Term Incentive Stock Plans. Each SUA converts to one share when a non-employee director leaves service; the dividend equivalents were credited at $0 per unit and increase the reporting persons beneficial holdings to 10,355.775 SUAs/shares equivalent. The filing explains the calculation method for dividend equivalents based on the cash dividend divided by the closing stock price on the dividend payment date.
Positive
- Director compensation is equity-linked, with 50.645 SUAs added as dividend equivalents, which aligns the directors interests with shareholders
- The SUAs are payable in shares upon cessation of service, supporting long-term retention and alignment
Negative
- None.
Insights
TL;DR: This Form 4 reports a small non-cash grant of director units tied to dividends, with no cash proceeds or option exercise.
The reported transaction is an administrative accrual of 50.645 SUAs credited as dividend equivalents under the LTISPs, rather than an open-market purchase or sale. The units are payable in shares upon cessation of director service, so there is no immediate equity dilution or cash impact. The filing provides the mechanics for how the dividend equivalents are converted to SUAs using the dividend amount divided by the closing price on the dividend date.
TL;DR: Routine director compensation disclosure that aligns board members with shareholder interests via equity-linked units.
This Form 4 documents a routine, formulaic crediting of SUAs as dividend equivalents under established LTISPs, increasing the directors long-term equity stake to 10,355.775 SUAs. The units vest/payable upon termination of board service, reinforcing long-term alignment. No unusual governance actions, option repricing, or accelerated vesting events are disclosed.