Director at Huntington Ingalls (NYSE: HII) receives 106-share stock grant
Rhea-AI Filing Summary
DENAULT LEO P reported acquisition or exercise transactions in this Form 4 filing.
Huntington Ingalls Industries director Leo P. Denault received an equity award of 106 shares of common stock, issued in lieu of cash, under the company’s 2022 Long-Term Incentive Stock Plan. The grant is reported at $379.90 per share and was made as an exempt Rule 16b-3 transaction. Following this award, Denault directly holds 4,281.344 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 106 shares
Net Buy
1 txn
Insider
DENAULT LEO P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (SUA) | 106 | $379.90 | $40K |
Holdings After Transaction:
Common Stock (SUA) — 4,281.344 shares (Direct)
Footnotes (1)
- F1. Shares of common stock issued in lieu of cash pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan ("Plan") in an exempt transaction pursuant to Rule 16b-3.
Key Figures
Shares granted: 106 shares
Grant price: $379.90 per share
Post-transaction holdings: 4,281.344 shares
3 metrics
Shares granted
106 shares
Common stock award on March 31, 2026
Grant price
$379.90 per share
Reported value for the 106-share award
Post-transaction holdings
4,281.344 shares
Total common shares directly held after award
Key Terms
Rule 16b-3, 2022 Long-Term Incentive Stock Plan, in lieu of cash, Common Stock (SUA)
4 terms
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.
2022 Long-Term Incentive Stock Plan financial
"pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan"
in lieu of cash financial
"Shares of common stock issued in lieu of cash pursuant to the"
Common Stock (SUA) financial
"security_title": "Common Stock (SUA)""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HII director Leo P. Denault report on this Form 4?
HII director Leo P. Denault reported receiving 106 shares of common stock as an equity award. The shares were issued in lieu of cash under the 2022 Long-Term Incentive Stock Plan and are recorded at $379.90 per share as a Rule 16b-3 exempt transaction.
Was the HII Form 4 transaction a market purchase or a compensation grant?
The HII Form 4 transaction reflects a compensation-related grant, not a market purchase. Denault received 106 common shares issued in lieu of cash pursuant to the 2022 Long-Term Incentive Stock Plan, recorded at $379.90 per share and exempt under Rule 16b-3.