Huntington Ingalls director granted 18 SUAs
McKibben Tracy B reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
McKibben Tracy B reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director Tracy B. McKibben received 18.070 director stock units (SUAs) as a grant under the company’s long-term incentive plans. The award reflects dividend equivalents credited on existing SUAs rather than an open-market purchase or sale, at a stated price of $0.00 per unit.
After this grant, McKibben directly holds a total of 5,461.939 SUAs. Each SUA represents the right to receive one share of common stock, generally payable within 30 days after the non-employee director ceases serving on the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 18.07 | $0.00 | $0.00 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Tracy B. McKibben report in the latest HII Form 4 filing?
Is the HII Form 4 transaction a stock purchase or sale by the director?
How many Huntington Ingalls SUAs does Tracy B. McKibben hold after this grant?
What are SUAs in the context of Huntington Ingalls (HII) director compensation?
How are the 18.070 SUAs for Tracy B. McKibben calculated at Huntington Ingalls?
When will Tracy B. McKibben’s Huntington Ingalls SUAs generally be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.