HII director receives 58.916 stock units grant
Huntington Ingalls Industries director D. Anastasi Kelly received a stock-based award tied to dividend equivalents on director stock units.
Rhea-AI Filing Summary
Huntington Ingalls Industries director D. Anastasi Kelly received a stock-based award tied to dividend equivalents on director stock units. On March 13, 2026, the director acquired 58.916 additional stock units (SUAs) at a stated price of $0.00 per share-equivalent under the company’s long-term incentive plans.
Each SUA represents the right to receive one share of common stock, generally payable within 30 days after the director leaves the board. Following this grant, the director held 17,806.622 SUAs and 450 shares of common stock directly, reflecting routine board compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 58.916 shares
Grant/Award
2 txns
Insider
KELLY ANASTASI D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 58.916 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 17,806.622 shares (Direct);
Common Stock — 450 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.
FAQ
What insider transaction did HII director D. Anastasi Kelly report on this Form 4?
HII director D. Anastasi Kelly reported acquiring 58.916 director stock units (SUAs) on March 13, 2026. The units reflect dividend equivalents credited under Huntington Ingalls Industries’ long-term incentive stock plans, rather than an open-market purchase of common shares.
How many Huntington Ingalls (HII) stock units does the director hold after this transaction?
After the March 13, 2026 transaction, the director held 17,806.622 stock units (SUAs). These units each represent a right to receive one share of Huntington Ingalls Industries common stock, generally payable after the director ceases board service.
What does each SUA represent for Huntington Ingalls Industries (HII) directors?
Each SUA represents a right to receive one share of HII common stock. The shares generally become payable within 30 days after a non-employee director stops serving on the board, aligning director compensation with long-term shareholder value.
How are dividend equivalents calculated on HII director stock units (SUAs)?
Dividend equivalents on SUAs 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, resulting in additional SUAs credited to the director.
Did the HII director engage in any open-market buying or selling in this Form 4?
No open-market buying or selling is reported. The Form 4 shows an acquisition of 58.916 SUAs at a stated price of $0.00, reflecting dividend-equivalent credits under long-term incentive plans, plus a separate holding line of 450 directly owned common shares.
What long-term incentive plans governed this HII director stock unit transaction?
The transaction occurred under Huntington Ingalls Industries’ 2012 and 2022 Long-Term Incentive Stock Plans. These plans credit dividend equivalents on each director stock unit following payment of the company’s quarterly cash dividend, increasing the director’s SUA balance over time.
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