Huntington Ingalls (NYSE: HII) director receives 174 common stock units grant
Rhea-AI Filing Summary
Huntington Ingalls Industries director Leo P. Denault received an award of 174 common stock units. The grant was made on July 1, 2026 at a reference price of $278.97 per share-equivalent under the company’s 2022 Long-Term Incentive Stock Plan.
After this non-cash, compensation-related acquisition, Denault directly holds 4,743.763 shares or share-equivalents of Huntington Ingalls Industries common stock. The footnote explains these shares are deferred into a stock unit account in an exempt transaction pursuant to Rule 16b-3, indicating this is routine director equity compensation rather than an open-market purchase.
Positive
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Negative
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Insights
Director received routine stock unit award as part of long-term incentive plan.
Director Leo P. Denault acquired 174 common stock units at a reference price of $278.97 per unit under the 2022 Long-Term Incentive Stock Plan. This is coded as an "A" transaction, meaning a grant or award rather than an open-market trade.
The footnote states these units are deferred into a stock unit account in an exempt transaction under Rule 16b-3, which typically covers board and executive compensation. Following the grant, Denault holds 4,743.763 share-equivalents directly, indicating the award modestly increases an existing position.
Because this is a standard, plan-based equity grant with no associated sale or purchase decision in the market, it carries limited signaling value about the director’s view of the stock. It primarily reflects ongoing alignment of director compensation with shareholder interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 174 | $278.97 | $49K |
Footnotes (1)
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