Huntington Ingalls (NYSE: HII) director granted 20.419 SUAs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huntington Ingalls Industries director Leo P. Denault reported an acquisition of 20.419 director stock units (SUAs) tied to Company common stock as a grant under the Long-Term Incentive Stock Plans. Each SUA represents a right to receive one share, bringing his directly held SUAs to 4,424.763.
These additional SUAs reflect dividend equivalents credited after the Company’s quarterly cash dividend, calculated by dividing the aggregate dividend on existing SUAs by the closing share price on the dividend payment date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DENAULT LEO P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 20.419 | $0.00 | -- |
Holdings After Transaction:
Common Stock (SUA) — 4,424.763 shares (Direct, null)
Footnotes (1)
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Key Figures
SUAs granted: 20.419 SUAs
Holdings after transaction: 4,424.763 SUAs
Grant price per SUA: $0.0000 per SUA
+1 more
4 metrics
SUAs granted
20.419 SUAs
Director stock units acquired on 2026-06-12 as a grant/award
Holdings after transaction
4,424.763 SUAs
Total directly held SUAs by Leo P. Denault following the award
Grant price per SUA
$0.0000 per SUA
Awarded under Long-Term Incentive Stock Plans with no cash price
Transaction code
Code A (Grant, award, or other acquisition)
Non-derivative acquisition of SUAs reported on Form 4
Key Terms
director stock unit ("SUA"), dividend equivalents, Long-Term Incentive Stock Plan, quarterly cash dividend
4 terms
director stock unit ("SUA") financial
"dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person"
dividend equivalents financial
"dividend equivalents are credited on each director stock unit ("SUA") held by the Reporting Person"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Long-Term Incentive Stock Plan financial
"Pursuant to the Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plan"
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.
quarterly cash dividend financial
"following the payment of the Company's quarterly cash dividend"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
FAQ
What did Huntington Ingalls (HII) director Leo P. Denault report on this Form 4?
Leo P. Denault reported receiving 20.419 director stock units (SUAs) linked to Huntington Ingalls common stock. The award arises under the company’s Long-Term Incentive Stock Plans and increases his directly held SUAs to 4,424.763 following the transaction.
What is a director stock unit (SUA) at Huntington Ingalls (HII)?
Each SUA represents a right to receive one share of Huntington Ingalls common stock. SUAs generally become payable within 30 days after a non-employee director stops serving on the board, aligning director compensation with long-term shareholder interests over their board tenure.
How many SUAs does Leo P. Denault hold after this award at Huntington Ingalls (HII)?
After the reported grant, Leo P. Denault directly holds 4,424.763 SUAs. These units are tied to Huntington Ingalls common stock and will generally be settled in shares after he ceases providing services as a non-employee member of the company’s board of directors.
How are dividend equivalents on SUAs calculated at Huntington Ingalls (HII)?
Dividend equivalents are credited on each SUA after Huntington Ingalls pays its quarterly cash dividend. The amount is calculated by dividing the total dividend paid on all SUAs held by the closing common stock price on the dividend payment date, yielding additional SUAs.
Which incentive plans govern the SUAs reported by Huntington Ingalls (HII) director Leo P. Denault?
The SUAs are granted under Huntington Ingalls Industries, Inc. 2012 and 2022 Long-Term Incentive Stock Plans. These plans provide for director stock units and dividend equivalents, with SUAs generally payable in common shares after a non-employee director leaves the board.