HII director gets 23.405 dividend stock units
HUNTINGTON INGALLS INDUSTRIES, INC.
Rhea-AI Filing Summary
HUNTINGTON INGALLS INDUSTRIES, INC. (HII) reported that director Leo P. Denault acquired 23.405 director stock units (SUAs) on September 11, 2026 as a grant/award linked to dividend equivalents, with no cash price per unit.
After this award, Denault directly holds a total of 4,767.168 SUAs. Under the company’s 2012 and 2022 Long-Term Incentive Stock Plans, dividend equivalents are periodically credited on each SUA after quarterly cash dividends, and each SUA represents a right to receive one share of common stock, generally payable within 30 days after a non-employee director leaves the board.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) F1 | 23.405 | $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.
Key Figures
Key Terms
dividend equivalents financial
director stock unit ("SUA") financial
Long-Term Incentive Stock Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HII director Leo P. Denault report on this Form 4 for HII?
How many director stock units does HII director Leo P. Denault hold after this transaction?
What are SUAs in the context of HII and this Form 4 filing?
How are dividend equivalents credited on HII director stock units (SUAs)?
Was this HII Form 4 transaction executed under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.