HII director gets 10.102 stock units via dividends
HII director Craig S. Faller received additional stock unit dividend equivalents, modestly increasing his deferred equity-based holdings.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that director Craig S. Faller acquired 10.102 director stock units of common stock (SUAs) on September 11, 2026 as a grant/award of dividend equivalents under the company’s long-term incentive stock plans. These units were credited at no cash cost and increase his directly held SUAs to 2,057.377, each representing a right to receive one share of common stock, generally payable after he ceases board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10.102 shares
Grant/Award
1 txn
Insider
Faller Craig S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) F1 | 10.102 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock (SUA) — 2,057.377 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
Director stock units acquired: 10.102 SUAs
Holdings after transaction: 2,057.377 SUAs
Per-unit grant price: $0.00 per SUA
3 metrics
Director stock units acquired
10.102 SUAs
Dividend equivalent credit on September 11, 2026
Holdings after transaction
2,057.377 SUAs
Director Craig S. Faller’s direct SUA balance following the award
Per-unit grant price
$0.00 per SUA
Reported price for the September 11, 2026 dividend-equivalent award
Key Terms
dividend equivalents, director stock unit, Long-Term Incentive Stock Plan
3 terms
dividend equivalents financial
"dividend equivalents are credited on each director stock unit"
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 financial
"dividend equivalents are credited on each director stock unit ("SUA")"
Long-Term Incentive Stock Plan financial
"Pursuant to the ... 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 Craig S. Faller report on this Form 4?
Director Craig S. Faller reported an acquisition of 10.102 director stock units (SUAs) of HII common stock on September 11, 2026, as a grant or award of dividend equivalents under the company’s long-term incentive stock plans.
How many Huntington Ingalls Industries (HII) stock units does Craig S. Faller hold after this transaction?
After the September 11, 2026 award, Craig S. Faller directly holds 2,057.377 director stock units (SUAs), each representing a right to receive one share of HII common stock, generally payable within 30 days after he ceases to serve on the board.
Did Craig S. Faller pay cash for the HII stock units reported on this Form 4?
No. The 10.102 director stock units were credited as dividend equivalents under Huntington Ingalls Industries’ long-term incentive stock plans, at a reported per-unit price of $0.00, reflecting a non-cash grant rather than a market purchase.
What are SUAs in the context of HII’s director compensation?
For HII, each director stock unit (SUA) represents a right to receive one share of company common stock. Under the long-term incentive stock plans, dividend equivalents are periodically credited on these SUAs, and they generally become payable after a non-employee director leaves the board.
How are HII dividend equivalents on director stock units calculated?
Dividend equivalents under HII’s long-term incentive stock plans are calculated by dividing the aggregate cash dividend paid on all SUAs held by the director by the closing price of HII common stock on the dividend payment date. The resulting number of SUAs is then credited to the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.