Huntington Ingalls (HII) Form 4: Director Receives Dividend-Equivalent SUAs
Rhea-AI Filing Summary
Stanage Nick L, a director of Huntington Ingalls Industries, Inc. (HII), reported a Form 4 disclosing a transaction dated 09/12/2025. The filing shows the reporting person received 0.541 dividend-equivalent director stock units (SUA) under the company's 2012 and 2022 Long-Term Incentive Stock Plans, credited following the quarterly cash dividend. Each SUA represents a right to one share of common stock that generally becomes payable within 30 days after a non-employee director ceases board service. The filing includes the method used to calculate dividend equivalents and is signed by an attorney-in-fact on 09/15/2025.
Positive
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Negative
- None.
Insights
TL;DR: Routine director dividend-equivalent crediting reported; governance disclosure is complete and administrative in nature.
The Form 4 discloses a small non-cash credit of 0.541 SUAs tied to the company's LTISPs following a cash dividend. This is an administrative equity-compensation event for a director, not an open-market purchase or sale. The filing restates the company policy that each SUA converts to one share upon termination of board service and explains the calculation method. There is no indication of cash proceeds, market trades, or change in control disclosed in this form.
TL;DR: Reporting appears timely and appropriately documents dividend-equivalent accruals under equity plans.
The submission names the reporting person, relationship as a director, the 09/12/2025 transaction date, and includes an explanatory footnote describing how dividend equivalents are computed and credited under the 2012 and 2022 LTISPs. The form is signed by an attorney-in-fact on 09/15/2025, satisfying signature disclosure requirements. No derivative exercises, cash sales, or other material transactions are recorded on this Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 0.541 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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.
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