Huntington Ingalls (NYSE: HII) director gains 13.815 dividend-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Ingalls Industries director receives dividend-based stock units
Huntington Ingalls Industries, Inc. director Leo P. Denault acquired 13.815 director stock units (SUAs) of common stock on March 13, 2026. These were granted at no cash cost as dividend equivalents under the company’s long-term incentive stock 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, Denault directly holds a total of 4,175.344 SUAs, reflecting a modest, routine increase in his equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DENAULT LEO P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 13.815 | $0.00 | -- |
Holdings After Transaction:
Common Stock (SUA) — 4,175.344 shares (Direct)
Footnotes (1)
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FAQ
What did HII director Leo P. Denault report in this Form 4 filing?
Leo P. Denault reported receiving 13.815 director stock units (SUAs) of Huntington Ingalls Industries common stock as a grant at no cash cost, increasing his direct holdings to 4,175.344 SUAs under the company’s long-term incentive stock plans.
How were the 13.815 SUAs for HII’s Leo P. Denault calculated?
The 13.815 SUAs represent dividend equivalents. They are calculated by dividing the total cash dividend paid on all SUAs Denault already held by the closing price of Huntington Ingalls Industries common stock on the dividend payment date, then credited as additional SUAs.
What does each SUA reported by HII’s director Leo P. Denault represent?
Each SUA reported by Leo P. Denault represents the right to receive one share of Huntington Ingalls Industries common stock. These shares generally become payable within 30 days after a non-employee director stops serving on the board of directors, according to the company’s incentive plans.
How many Huntington Ingalls Industries SUAs does Leo P. Denault hold after this transaction?
After acquiring 13.815 additional SUAs, Leo P. Denault directly holds 4,175.344 SUAs tied to Huntington Ingalls Industries common stock. This total reflects his accumulated director stock units, including the most recent dividend-equivalent grant under the 2012 and 2022 long-term incentive stock plans.