Huntington Ingalls (NYSE: HII) director receives 123-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHIEVELBEIN THOMAS C reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director Thomas C. Schievelbein received a stock-based award of 123 shares of common stock equivalents on April 1, 2026. The award was valued at $393.32 per share and was deferred into a stock unit account under the company’s 2022 Long-Term Incentive Stock Plan in an exempt transaction pursuant to Rule 16b-3.
Following this grant, Schievelbein’s reported holdings tied to this award type totaled 23,065.016 shares, and a separate line shows 7,967.365 shares of common stock held directly after the transaction. This reflects routine director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SCHIEVELBEIN THOMAS C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 123 | $393.32 | $48K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (SUA) — 23,065.016 shares (Direct);
Common Stock — 7,967.365 shares (Direct)
Footnotes (1)
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Key Figures
Stock unit grant: 123 shares
Grant value per share: $393.32 per share
Holdings after transaction (stock units): 23,065.016 shares
+1 more
4 metrics
Stock unit grant
123 shares
Grant of common stock equivalents on April 1, 2026
Grant value per share
$393.32 per share
Value used for 123-share award
Holdings after transaction (stock units)
23,065.016 shares
Total related to deferred stock unit account after grant
Direct common stock holdings
7,967.365 shares
Direct common stock position after reported transactions
Key Terms
Long-Term Incentive Stock Plan, Rule 16b-3, stock unit account
3 terms
Long-Term Incentive Stock Plan financial
"pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan in an exempt transaction"
A long-term incentive stock plan is a company program that pays key employees and executives with company shares or stock-based awards that become theirs only after meeting performance goals or staying with the company for several years. Think of it as a delayed bonus paid in stock that ties pay to future results; investors watch these plans because they influence executive behavior, can dilute existing shares, and affect reported costs and long-term shareholder value.
Rule 16b-3 regulatory
"in an exempt transaction pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
stock unit account financial
"Shares of common stock deferred into stock unit account pursuant to Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan"
FAQ
What did HII director Thomas C. Schievelbein report in this Form 4?
Thomas C. Schievelbein reported receiving a grant of 123 common stock-equivalent units. These were deferred into a stock unit account under Huntington Ingalls Industries’ 2022 Long-Term Incentive Stock Plan as routine equity-based director compensation.
Was the HII director’s Form 4 transaction a market buy or sell?
The filing shows a grant or award acquisition, not an open-market buy or sell. The 123 units were issued as equity compensation under a long-term incentive plan, in an exempt transaction pursuant to Rule 16b-3, rather than traded on the market.
What are Thomas C. Schievelbein’s holdings after this HII stock grant?
After the grant, reported holdings tied to the stock unit account totaled 23,065.016 shares. A separate holding entry shows 7,967.365 shares of Huntington Ingalls Industries common stock held directly, giving context for his overall equity position.
Under which plan was the HII director’s stock unit grant made?
The grant was made under the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan. The awarded 123 common stock-equivalent units were deferred into a stock unit account as director compensation and characterized as exempt under Rule 16b-3.