Huntington Ingalls (HII) Director Credited 7.072 Director Stock Units
Rhea-AI Filing Summary
Craig S. Faller, a director of Huntington Ingalls Industries, Inc. (HII), reported a non‑derivative acquisition on 09/12/2025 of 7.072 director stock units (SUA) at a reported price of $0, increasing his beneficial ownership to 1,446.155 shares (direct). The filing states these SUAs represent rights to one share each and that the SUAs were credited with dividend equivalents under the company’s 2012 and 2022 Long‑Term Incentive Stock Plans; dividend equivalents are converted into additional SUAs by dividing total dividends on the SUAs by the closing share price on the dividend payment date. The form was signed by an attorney‑in‑fact on 09/15/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director dividend crediting increased SUA holdings; no unusual cash consideration or option exercise reported.
The transaction reflects the mechanical crediting of dividend equivalents to director stock units under HII’s LTISPs rather than an open‑market purchase or sale. The acquisition amount (7.072 SUAs) and $0 price indicate these are non‑cash credits tied to dividend payments. This is a common, non‑dilutive compensation accounting mechanism for non‑employee directors and is not an indicator of a change in board alignment or liquidity events.
TL;DR: Minor increase in reported beneficial ownership via dividend equivalent credit; immaterial to HII’s outstanding shares or near‑term financials.
The reported post‑transaction beneficial ownership of 1,446.155 shares for the reporting person is a snapshot reflecting director unit conversion mechanics. The filing shows no exercised options, stock sales, or cash purchases. Given the small number of SUAs credited (7.072), the impact on float, earnings per share, or governance control is immaterial.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 7.072 | $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.
AI-generated analysis. How Rhea-AI works. Not financial advice.